Luxembourg - Economic growth, wages and inequality - June 30, 2018

The statistical office Statec came up with publications that provide an overview of the distribution of the recent economic growth. Over the 2003-2015 period, the wealthiest households benefited more from the fruits of economic growth. The growth was therefore not equally distributed over rich and poor. The analysis shows that inequality cannot be summarised only by the indices of inequality or risk of poverty, because these are too global. After 2013, the redistribution has become more equal. In a report, dedicated to the recent economic evolution, it is said that average wages increased 2.8% in 2017, and are expected to increase with 1.9% in 2018 and 2.7% in 2019.

Read on: in French …   Read on: in French

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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