Sweden - Real wages decline 6.5% - April 30, 2023

According to the Mediation Institute, wages rose by 2.9% in February 2023, while high inflation caused real wages to decrease by 6.5%. The rate of wage increases has been stable around the same level since last spring. Wages that have been agreed centrally increased by approximately 2% compared to the previous year and continue to increase at the same rate during March. But as of April, several industries have agreed new higher wage increases in the collective agreements. The new agreements in industry have had a normative impact and it is expected that agreed wage increases of around 4% in several sectors will affect the future wage development in both the private and public sectors. The inflation rate in February amounted to 9.4%. The average real salary thus fell by 6.5% compared to the previous year.

Read on: in Swedish…

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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