Bloomberg News

Hungary Tax, Wage Rise Impact May Fade in a Year, Simor Says

September 29, 2011

Sept. 29 (Bloomberg) -- Hungarian government plans to “significantly” raise the minimum wage next year, on top of excise and value-added tax increases, will boost inflation though their impact may fade in a year’s time, central bank President Andras Simor told a conference in Pecs, Hungary today.

To contact the editor responsible for this story: Zoltan Simon at

Race, Class, and the Future of Ferguson

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus