German wage increases still among lowest in Europe

The latest half-yearly report on wage increases around Europe from the WSI trade union research institute shows that Germany is still recording the lowest increases in the European Union. The WSI warns that this could lead to pressure in other countries to hold back pay increases as Germany continues to benefit from rising exports. The institute also points out that modest wage increases are doing nothing to tackle the low levels of domestic demand in the Germany economy. Negotiated wage increases in Germany at 0.8% a year are well below the 2.8% average for the European Union as a whole.
Read more at > WSI (DE)