Wages in Manufacturing in Germany increased to 110.40 points in June from 102.90 points in May of 2021. source: Deutsche Bundesbank

Wages in Manufacturing in Germany averaged 54.55 points from 1960 until 2021, reaching an all time high of 167.80 points in July of 2020 and a record low of 7.70 points in February of 1960. This page provides the latest reported value for - Germany Hourly Wages in Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Hourly Wages in Manufacturing Index - values, historical data and charts - was last updated on September of 2021.

Wages in Manufacturing in Germany is expected to be 104.04 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 106.33 points in 2022 and 108.24 points in 2023, according to our econometric models.

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Germany Hourly Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
110.40 102.90 167.80 7.70 1960 - 2021 points Monthly
2015=100, NSA

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 11.50 0.40 percent [+]
Employed Persons 44843.00 44718.00 45228.00 37716.00 Thousand [+]
Unemployed Persons 2578.47 2590.31 5288.25 84.97 Thousand [+]
Unemployment Change -53.00 -90.00 357.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.10 6.30 1.10 percent [+]
Youth Unemployment Rate 7.50 7.70 15.90 5.70 percent [+]
Labour Costs 111.63 113.82 117.29 71.06 points [+]
Productivity 98.40 96.40 105.90 17.00 points [+]
Job Vacancies 778.97 744.40 891.70 57.80 Thousand [+]
Wages 4010.00 4033.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 110.40 102.90 167.80 7.70 points [+]
Wage Growth -2.00 0.40 6.00 -4.70 percent [+]
Minimum Wages 9.50 9.35 9.50 8.50 EUR/Hour [+]
Population 83.17 83.02 83.17 72.54 Million [+]
Retirement Age Women 65.83 65.75 65.83 65.00 [+]
Retirement Age Men 65.83 65.75 65.83 65.00 [+]
Labor Force Participation Rate 78.40 78.20 79.50 70.70 percent [+]
Part Time Employment 11219.60 11185.60 11230.90 6330.60 Thousand [+]
Employment Change -0.10 0.10 0.90 -1.40 percent [+]
Employment Rate 74.90 76.70 77.00 63.60 percent [+]
Full Time Employment 28832.40 28847.70 30459.60 26748.40 Thousand [+]