The average net wage increased by 12.7% year-on-year to € 1,029 according to data published by the statistics office INS. The annual growth rate expressed in real terms eased was 7.2% in May, from +7.9% in April but remained superior to the overall 6.5% year-on-year increase in the first quarter. The substantial increase in real wages since the second part of last year resulted in visible advances in retail sales. The highest wage growth rates in May were in education and warehousing (more than 20% year-on-year in real terms).
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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.