Luxembourg -Wage indexation probably for early 2016 -October 03, 2015

In the latest quarterly bulletin, the Central Bank says that inflation will pick up towards the end of 2015, leading to everyone probably receiving a 2.5 percent index-linked salary increase in early 2016. The salary index applies after prices rise by 2.5 percent and the last across-the-board rise was in October 2013. Since then inflation has slowed as oil prices have fallen sharply and price rises have been low and sometimes negative throughout the Eurozone.  

English: https://www.wort.lu/en/business/luxembourg-central-bank-salary-indexation …

French: http://www.bcl.lu/fr/media/communiques/2015/09/Bulletin_2015_2/index.html

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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