Euro Area Wage Growth  2009-2017 | Data | Chart | Calendar | Forecast

Wages and salaries per hour worked in the Euro Area grew by 2 percent year-on-year in the second quarter of 2017, the most since the first quarter of 2015 and above a downwardly revised 1.3 percent in the previous period. Wage Growth in the Euro Area averaged 1.75 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 0.70 percent in the third quarter of 2010.

Euro Area Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-20 10:00 AM Wage Growth YoY 1.6% 1.5% 1.7%
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 2% 2%


Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.10 9.10 12.10 7.30 percent [+]
Unemployed Persons 14749.00 14613.00 19153.00 11368.00 Thousand [+]
Employed Persons 155.60 154.77 155.60 117.36 Million [+]
Long Term Unemployment Rate 4.70 4.80 6.30 2.70 percent [+]
Youth Unemployment Rate 19.10 19.00 24.80 14.80 percent [+]
Productivity 104.20 103.80 104.20 82.60 Index Points [+]
Labour Costs 111.10 100.40 112.30 85.10 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 2.00 1.30 3.40 0.70 percent [+]
Population 341.01 339.89 341.01 260.38 Million [+]
Employment Change 0.40 0.50 0.80 -0.70 percent [+]
Part Time Employment 31212.80 31035.80 31212.80 19769.20 Thousand [+]
Labor Force Participation Rate 56.80 57.10 57.30 55.00 percent [+]
Full Time Employment 111779.20 112684.40 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.30 3.40 0.70 2009 - 2017 percent Quarterly
WDA




wage growth by Country

Last
Australia 1.90 Jun/17
Euro Area 2.00 Jun/17
France 0.50 Mar/17
Germany 0.60 Mar/17
Italy 0.40 Jul/17
Japan -0.30 Jul/17
Netherlands 1.57 Aug/17
Russia 3.70 Aug/17
Switzerland 0.70 Dec/16
United Kingdom 2.10 Jul/17
United States 2.95 May/17