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31.03.202607:07:45UTC+00Hungary Gross Wage Growth Hits Highest Since 2022

Hungary’s gross average wages jumped 26.3% year-on-year to HUF 840,600 in January 2026, a sharp acceleration from the 8.5% increase recorded in December. This was the fastest wage growth since February 2022, primarily driven by a substantial rise in public sector pay, where wages surged 99.0% after a 7.3% gain in the previous month. By contrast, wage dynamics were far more moderate in the non-profit and private sectors, with increases of 9.4% and 7.8%, respectively, down from 9.8% and 8.7% in December. Stripping out one-off payments and bonuses, regular wages in January were up 9.4% year-on-year, reaching HUF 694,700.

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