Luxembourg - Wage indexation will be applied - August 31, 2018

The statistical office Statec announced an increase by 2.5% of the wages through a new round of indexation. The indexation keeps earnings in line with inflation. According to provisional results, the annual inflation index stood at 1.5% in July 2018, which, in turn, increased the average bi-annual index rate. The adaptation of the of the wages, salaries and pensions will enter into force on 1 August. Final and detailed results of the national consumer price index for July were published on 8 August.

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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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