Hungary's average gross wages grew 5.4 percent in November from a year ago, marking the fastest growth since July, the Hungarian Central Statistical Office said Friday.
The annual growth in gross wages was forecast to slow to 4 percent from 4.6 percent increase logged in October.
At the same time, average gross earnings grew 4.6 percent at corporations employing at least five persons during January to November period. Net earnings excluding family tax benefits climbed 2 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.