Federal Statistical Office - Real Wages Grow by 2.7 Percent

Bild

Lean Right

Factuality

Ownership

Employees have caught up with Corona losses. Purchasing power is back to 2019 – after 6 years of stagnation.

Deutschlandfunk

Center

Factuality

Ownership

The purchasing power of German workers has increased.

Sueddeutsche Zeitung

Lean Left

Factuality

Ownership

The purchasing power of German workers rose faster in the third quarter, despite the economic slump. Real wages were on average 2.7 percent higher than a year earlier between July and September.

Spiegel

Lean Left

Factuality

Ownership

Even in the third quarter, wages in Germany rose faster than inflation. Consumers still keep their money together.

mainwelle.de

Factuality

Ownership

In the third quarter, gross wages were on average 5.2 per cent higher than a year earlier, as reported by the Landesamt für Statistik. Because inflation in the same period was only 2.1 per cent, real wages grew by 3.1 per cent. This is significantly more than in the first two quarters and means that employees can afford more for their money. The strongest percentage increases were among people with lower incomes: the fifth of the full-time emplo…

onetz.de

Factuality

Ownership

Real wages in Bavaria were 3.1 percent higher in the third quarter than a year earlier. However, not all sectors of the economy benefited equally.