According to Eurostat data, in 2022, the average hourly wages and salaries in the whole economy were estimated to be € 22.9 in the EU and €25.5 in the Euro area. Compared with 2021, they increased by 4.4% in the EU and by 4.0% in the euro area. For EU countries outside the euro area, the hourly wages and salaries expressed in national currency also increased in all countries. In 2022, compared with 2021, hourly wages and salaries in the euro area rose by 2.9% in the (mainly) non-business economy and by 4.4% in the business economy: +3.9% in industry, +4.9% in construction and +4.5% in services. In the EU, hourly wages and salaries grew by 3.2% in the (mainly) non-business economy and by 4.9% in the business economy: +4.6% in industry, +5.2% in construction and +5.0% in services. Despite the increase in nominal wages, real wages in the EU decreased by more than 4%.
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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.