Belgium - Wage development and purchasing power - December 31, 2018

Last year the country has seen one of the lowest wage growths of Europe. Where labour costs in the Eurozone increased by an average 2.5% in Belgium they only increased with 1.2%. According to figures from the advice and audit bureau Deleoitte workers on the lowest salaries have seen their net earnings rise the most since the tax reforms that was implemented 3 years ago. A study released by the Catholic University of Leuven on Friday showed that despite the rise in fuel prices and other expenses purchasing power in Belgium has increased over the past few years.

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For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the Head of communications at the ETUI, Willy De Backer wdebacker@etui.org © ETUI


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