Real wages rose by 1.6% year-on-year in the fourth quarter of 2024, marking the fifth consecutive period of growth but easing from a 3% increase in the previous quarter. The average nominal monthly wage growth also slowed to 4.7% at € 1,643, down from 5.8% in the preceding period. Still, all 19 monitored sectors recorded an annual growth in average nominal wages, ranging from 0.1% in the real estate sector to 10.9% in electricity, gas, and steam supply. Meanwhile, real wages rose in 17 sectors, but two industries saw declines, namely real estate (-2.9%) and public administration (-0.6%).
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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.