Positive wage trends in first half of 2018

Germany

The trade union-linked research organisation WSI reports that negotiated pay increases across the economy reached 3.1% in the first half of the year, up on the 2.4% recorded in the comparable periods in the last two years. With inflation at 1.7% this means a real increase of 1.4%. The highest increases came in construction (5.2%), metal (4.0%) and the public sector (3.75%), with the last including 4% increases for new starters, lower paid and some specific occupations.

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