Wages in Portugal increased 4 percent in July of 2021 over the same month in the previous year. source: Statistics Portugal
Wage Growth in Portugal averaged -0.07 percent from 2006 until 2021, reaching an all time high of 10.10 percent in May of 2021 and a record low of -13 percent in May of 2020. This page provides - Portugal Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Wage Growth in Services - values, historical data and charts - was last updated on October of 2021.
Wage Growth in Portugal is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Wage Growth in Services is projected to trend around 2.50 percent in 2022 and 2.20 percent in 2023, according to our econometric models.