Wages in Germany increased 3 percent in June of 2021 over the same month in the previous year. source: Federal Statistical Office

Wage Growth in Germany averaged 0.39 percent from 1992 until 2021, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -4.70 percent in the second quarter of 2020. This page provides the latest reported value for - Germany Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Real Wage Growth YoY - values, historical data and charts - was last updated on December of 2021.

Wage Growth in Germany is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 2.30 percent in 2022 and 1.80 percent in 2023, according to our econometric models.

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Germany Real Wage Growth YoY

Related Last Previous Unit Reference
Unemployment Rate 5.30 5.40 percent Nov/21
Youth Unemployment Rate 6.50 6.50 percent Oct/21
Wages 4094.00 4010.00 EUR/Month Jun/21
Wage Growth 3.00 -2.00 percent Jun/21
Minimum Wages 9.50 9.35 EUR/Hour Jan/21
Population 83.17 83.02 Million Dec/20