The country has experienced the steepest decline in real wages among EU member states in recent years, with purchasing power dropping 10% since the end of 2019, despite nominal wages surging by over one-quarter. High inflation has outpaced earnings growth, preventing wages from recovering to pre-pandemic levels, according to an analysis presented by XTB Chief Economist. Despite projected real wage growth of around 5 percent in 2025, earnings are expected to remain below pre-pandemic levels until at least 2026.
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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.