According to the mediation institute, wages in the entire economy increased by 4.5% in March 2024 compared to the same month the year before. For the first time in two and a half years, wages are now increasing faster than the consumer price index including interest costs. Centrally agreed wages increased by 4.1%.. But starting in April, pay increases will moderate, as the industry's cost tag falls from an annual increase of 4.1% to 3.3%. It will affect both the private and public sectors. Consumer prices excluding mortgage interest costs rose by 2.2% in March 2024 compared to March 2023, according to Statistics Sweden.
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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.