Basic food spending to minimum wage in Hungary 2021-2024

Published by Flora Medve, Feb 13, 2024

The ratio of basic food spending to the minimum wage in Hungary reached 23.9 percent as of January 2024. Over the observed period, the lowest figure was recorded in January 2022 at 20.2 percent.

Ratio of basic food spending to the minimum wage in Hungary from January 2021 to January 2024

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Source

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Release date

January 2024

Region

Hungary

Survey time period

January 2021 to January 2024

Supplementary notes

The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loaves, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.

The statistics have been compiled from several reports by the source.

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