Wages Rise Much Stronger than Abroad

Good news for employees: Wages are expected to rise by about 3.7 percent this year. In recent years, they have increased more strongly than in the euro countries. The reason for this is our high inflation, which has been particularly generously balanced by the state and companies. For the economy, this is now fatal. Hardly anywhere in Europe, wages have been raised as strongly as in our case. Especially for 2023 and 2024, collective agreements w…