FX.co ★ Hungary Wage Growth Hits Three-Month High

Hungary’s gross average wages increased by 8.4% year-on-year to HUF 740,600 in August 2026, the fastest pace in three months and up from a 7.5% rise in July. Public sector wage growth accelerated to 9.2% from 7.4%, while private sector earnings grew by 8.1%, compared with 7.4% in the previous month. Wages in the non-profit sector also picked up, rising by 8.9% after a 7.7% increase in July. Regular average wages—excluding bonuses, rewards, and monthly special allowances—were up 7.6% year-on-year, reaching HUF 710,600. Over the January–August period, average gross wages climbed by 10.6% compared with the same period a year earlier, to HUF 765,300.