Luxembourg - Wage indexation by 2.5% - January 31, 2023

According to estimates from the National Institute of Statistics and Economic Studies (STATEC), the annual inflation rate of national consumer prices was 4.8% at the end of January, thus necessitating a new wage indexation. With this result, the half-yearly average of the index exceeds the threshold of 964.64 points, thus triggering a new indexation. This means that wages and pensions will be raised by 2.5% in February. Another wage indexation is already scheduled for 1 April. This measure was postponed during last year's tripartite negotiations.

Read on: in English... Read on: in English (2).

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.

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