Hungary's employee wage growth accelerated unexpectedly in June, figures from the Hungarian Central Statistical Office showed Wednesday.
Gross earnings advanced 11.2 percent year-over-year in June, faster than the 10.9 percent rise in May.
Meanwhile, economists had expected the growth to moderate to 10.0 percent.
Net earnings, which excludes the family tax benefit, rose the same 11.2 percent in June from a year earlier.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.