Wages in Manufacturing in Germany is expected to be 114.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Germany to stand at 116.00 in 12 months time. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 120.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Germany Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.4 3.4 3.5 3.6 3.7 4
Employed Persons 44814 44800 44850 44900 45090 45900
Unemployed Persons 2204 2490 2520 2550 2600 2710
Unemployment Change -11 7 11 15 9 15
Long Term Unemployment Rate 1.4 1.6 1.7 1.8 1.9 2.3
Youth Unemployment Rate 6.3 6 6.1 6.2 6.3 6.9
Productivity 101 104 105 105 106 109
Labour Costs 113 114 114 115 116 120
Job Vacancies 654 670 691 685 668 640
Wages 3875 3940 3980 4000 4010 4110
Wages in Manufacturing 114 114 115 115 116 120
Wage Growth 0.5 1.4 1.5 1.5 1.6 1.8
Minimum Wages 8.84 8.84 9.5 9.5 9.5 9.5
Population 82.85 82.85 83.14 83.14 83.14 83.45
Retirement Age Women 65.58 65.58 65.67 65.67 65.67 65.75
Retirement Age Men 65.58 65.58 65.67 65.67 65.67 65.75
Labor Force Participation Rate 60.9 62 62.4 62.6 62.8 64
Living Wage Family 1990 2000 2150 2150 2150 2200
Living Wage Individual 1240 1300 1360 1360 1360 1450
Wages Low Skilled 2050 2140 2200 2200 2200 2280
Wages High Skilled 3550 3650 3700 3700 3700 3750
Part Time Employment 10897 11800 12000 12100 12250 13500
Employment Change 0.2 0.4 0.5 0.5 0.4 0.3
Employment Rate 75.4 75.9 76 75.9 75.7 75.4
Full Time Employment 29382 31200 31400 31500 31600 32500