Inflation Devoured Much of the Increase in Average Wages in 2026, and Sectors Are Already Losing Purchasing Power
6 Articles
6 Articles
The average monthly gross remuneration per worker in Portugal increased 5.1% between June 2025 and 2026 to 1,835 euros but, discounting the impact of inflation, which accelerated with the war in the Middle East, the rise is reduced to 1.8%. In the public sector, the real increase is almost zero. In the private sector there are economic activities where the variation is negative, that is, where the average wage is losing purchasing power.
In Iceland, it has long been customary to blame the labor movement for inflation. Wages are rising too much, it is often said. In recent years, this has been particularly evident among the Central Bank's spokespeople, when they are justifying their radical high-interest rate policy. For employers, this is an automatic storm that rolls over them, no matter how the business world or the global economy is doing. Politicians think that this must...
The average real wage of registered private workers fell 0.9 per cent in June 2026, according to data from the Ministry of Labour, Employment and Social Security. This is the second consecutive month of decline in purchasing power, after a decrease of 2.9 per cent in May. The fall occurred despite the slowdown in inflation. According to the official report, the growth of nominal wages lost strength over the last few months and progressed at a lo…
In Puebla, the leather and leather tanning and finishing industry reduced the value of its sales by 6.9 percent during the first half of 2026 compared to the same period of 2025. Likewise, the spending on wages decreased by 11.3 percent in this period. This, after a review of the [...] The Post Tanning Industry in Puebla reduces 6.9% sales and 11.3% wages in 1S of 2026 appeared first on Angulo 7.
In June, the average gross salary increased 5.1% compared to the same month last year. Without discounting inflation, the gain was 89 euros and the average remuneration reached 1,835 euros.
Oil shock and new war in the Gulf corrode the purchasing power of wages in Portugal: average real gain falls to 1.8%, the worst level in three years, with inflation above 3% and greater pressure on public and private sector workers.
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