Real wages up 7% year on year in May 2020
Earnings rose 7.8% yr/yr in April, lowest since 2016
Data for March 2020 are here
Regional differences continue to grow
Real wages grow 7.7%
Plans to spend HUF 3.8 billion on wage increase
Average hourly rate is already HUF 1,200
Inflation will not decelerate even in 2021
Real wages up 8.7% y/y
Gross average earnings nearly HUF 360,000
Reality shown on map
Rapid wage increase continues
Wage hikes in public sector shape up indices.
Less red tape and better education could also help sustainable growth.
Singapore is no longer the best place to be a foreign worker.
No wonder labour shortage is on the rise.
Inflation picks up, wage growth decelerates.
Employees must be rather unhappy with accelerating inflation.
Strikes help too.
Women falling behind, young people coming up.