Real Collective Wage Increases in Europe in 2024

epochtimes.de

Factuality

Ownership

Last year, collectively agreed wages in the eurozone rose more strongly than consumer prices for the first time since 2021. According to the analysis, purchasing power gains were particularly high in Austria (5.4 percent). In Germany, inflation-adjusted growth was slightly above average at 2.8 percent.

Salzburger Nachrichten

Factuality

Ownership

For the first time since the inflation surge of 2021, collective contract wages in Europe, according to a study, have once again made considerable progress. For the eurozone, the nominal increase was 4.5 percent and, even after the fall in inflation, the employees remained a real increase of 2.1 percent, as the WSI Institute of the Hans-Böckler-Stiftung, close to the union, reports on Wednesday.

EU-Schwerbehinderung

Factuality

Ownership

For the first time since the fall in inflation in 2021, wage wages in Europe have once again made a significant improvement: for the eurozone, the nominal growth was 4.5 percent, and even after inflation, employees remained in a real increase of 2.1 percent. There were particularly high purchasing power gains in Austria (5.4%), Portugal (4.5%) and Slovakia (3.8%). In Germany, too, the inflation-adjusted increase was 2.8 percent slightly above th…