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Real wages set to fall in major European economies, except Germany

Summary by Euronews
Italy, Spain, France and the UK are projected to see declines in real wages between the first quarters of 2026 and 2027, while Germany is expected to record growth. Euronews Business looks at what is driving the divide.

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Real wages, i.e. income adjusted for inflation, would fall in Italy, Spain, France and the UK between the first quarter of 2026 and the first quarter of 2027. Germany is the only one among the...

The OECD expects real wages to fall in Italy, Spain, France and the UK, while Germany remains an exception. The article Europeans' wages are losing value: Four major economies face another recession appeared first on Vesti Online.

Inflation continues to weigh on workers' purchasing power in Europe's major economies. While the OECD's forecasts extending to the end of 2027 highlight real wage losses in four countries, Germany presents a different picture.

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Euronews broke the news in Lyon, France on Thursday, October 8, 2026.
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