Sweden - Wages increase by 3%, but real wages fall - January 31, 2023

The average wage rose by 3% in November 2022, but the real wage decreased by 6.5% compared to the same month last year. Wages have developed remarkably stable in recent months, according to the Mediation Institute (Medlingsinstitut). The rate of wage increases has been stable around the same level since spring 2022, when a majority of employees last negotiated wages. The average wage growth rate for calendar year 2022 is lower than the November figure alone due to low contracted wage increases in the first quarter. As of January 2022, wages in the entire economy have increased by an average of 2.7%. The rate of increase has been higher in the private than in the public sector. The inflation rate in November amounted to 9.5%. 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.