Euro Area Wage Growth  2009-2018 | Data | Chart | Calendar | Forecast

Wages and salaries per hour worked in the Euro Area increased by 1.6 percent year-on-year in the third quarter of 2017, following an upwardly revised 2.1 percent rise in the previous period which was the highest in two years. Wage Growth in the Euro Area averaged 1.77 percent from 2009 until 2017, reaching an all time high of 3.40 percent in the second quarter of 2009 and a record low of 0.80 percent in the third quarter of 2010.

Euro Area Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-16 09:00 AM Wage Growth YoY 1.4% 1.6% 1.7%
2017-09-15 09:00 AM Wage Growth YoY 2.00% 1.30% 1.8%
2017-12-19 10:00 AM Wage Growth YoY 1.6% 2.1% 2.1%
2018-03-16 10:00 AM Wage Growth YoY 1.6%
2018-06-15 09:00 AM Wage Growth YoY
2018-09-14 09:00 AM Wage Growth YoY


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.70 8.80 12.10 7.30 percent [+]
Unemployed Persons 14163.00 14267.00 19193.00 11368.00 Thousand [+]
Employed Persons 156.28 155.68 156.28 117.36 Million [+]
Long Term Unemployment Rate 4.40 4.70 6.30 2.70 percent [+]
Youth Unemployment Rate 18.20 18.40 24.80 14.80 percent [+]
Productivity 104.60 104.20 104.60 82.60 Index Points [+]
Labour Costs 104.20 111.20 112.30 85.10 Index Points [+]
Wage Growth 1.60 2.10 3.40 0.80 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.40 0.40 0.80 -0.70 percent [+]
Part Time Employment 31435.80 31213.10 31435.80 19769.20 Thousand [+]
Labor Force Participation Rate 57.10 56.80 57.30 55.00 percent [+]
Full Time Employment 113328.90 111780.50 118857.50 107450.40 Thousand [+]
Retirement Age Men 64.54 64.47 64.63 62.37 [+]
Retirement Age Women 64.32 64.20 64.32 61.61 [+]


Euro Area Wage Growth

In the Euro Area, wage growth refers to the change in the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. This page provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Wage Growth - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 2.10 3.40 0.80 2009 - 2017 percent Quarterly
WDA




wage growth by Country
Country Last
Australia 2.00 Sep/17
Euro Area 1.60 Sep/17
France 0.30 Jun/17
Germany 0.70 Sep/17
Italy 0.70 Nov/17
Japan 0.90 Nov/17
Netherlands 1.66 Dec/17
Russia 5.40 Nov/17
Switzerland 0.30 Jun/17
United Kingdom 2.50 Oct/17
United States 3.22 Sep/17


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