EU Sources - Collectively agreed pay in 2016 - August 31, 2017

A Eurofound report discusses developments in collectively agreed wages in the EU in 2016, putting them into the perspective of developments over the past 15 years. The tendency for growth in both nominal and real collectively agreed wages from 2015 continued. In two countries (Belgium and Malta), collectively agreed pay in real terms was still not above the pre-crisis level. In terms of real wage increases (that is, wage increases taking into account the change in the level of prices), Slovakia had the highest increase (4.1%), followed by the Czech Republic (2.4%) and Germany (2%). The lowest real increases were observed in Finland (0.2%) and Malta (0.3%), while the real collectively agreed wage actually fell in Belgium (-1.2%).

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