Hungary Drops on EU List of Net Wage Growth in Euro over Last 12 Years

2022. április 21.


In a euro-based comparison, Hungarian wages did not increase much over the last twelve years. In fact, Hungary slipped further back in a European Union comparison and is still one of the bottom countries in this matter in the EU, according to Eurostat’s recently published data. This is largely due to the steep decline of the forint exchange rate.