Wages in Switzerland increased 0.8 percent year-on-year in the second quarter of 2018, the same pace as in the previous three-month period. Wage Growth in Switzerland averaged 1.56 percent from 1991 until 2018, reaching an all time high of 7.80 percent in the second quarter of 1991 and a record low of 0.10 percent in the first quarter of 2017.
Wage Growth in Switzerland is expected to be 0.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Switzerland to stand at 1.08 in 12 months time. In the long-term, the Switzerland Nominal Wage Growth is projected to trend around 1.24 percent in 2020, according to our econometric models.