Real wages have fallen for the second year in a row as high inflation continues to erode people’s earnings. The Federal Statistical Office estimates that wages fell by around 0.1% in real terms last year. Even though employees saw a higher-than-average pay rise that amounted to an average 3.1% increase in earnings, this was eroded by a concurrent 3.1% increase in consumer prices.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.