Luxembourg - Wage indexation expected before the end of 2016 - September 30, 2016

There might come a wage indexation before the end of 2016, as consumer prices inch closer to the threshold for wages to be indexed. According to data analysts Statec, the indexation segment, as the inflation-pegged wage rise is known, could be applied to earnings and pensions as soon as the end of 2016. The consumer price index rose by 1.16% from July to August 2016, whilst the inflation rate, which had stabilised at 0% in July, increased 0.2% in August. This brings the six-month average increase to 2.2% since the last time wages were indexed, close to the 2.5% threshold needed for a wage adjustment.

English: http://www.statistiques.public.lu/en/news/economy-finance/prices …  

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, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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