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ECB wage tracker indicates negotiated wage pressures will ease
The European Central Bank wage tracker indicates negotiated wage growth with smoothed one-off payments of 4.7 per cent in 2024 (based on an average coverage of 48.2 per cent of employees in seven nations) and 3.3 per cent in 2025 (based on an average coverage of 40.5 per cent). The tracker excluding one-off payments signals negotiated wage growth of 4.1 per cent in 2024 and 3.9 per cent in 2025.
The European Central Bank wage tracker indicates negotiated wage growth with smoothed one-off payments of 4.7 per cent in 2024 (based on an average coverage of 48.2 per cent of employees in seven nations) and 3.3 per cent in 2025 (based on an average coverage of 40.5 per cent).
The tracker excluding one-off payments signals negotiated wage growth of 4.1 per cent in 2024 and 3.9 per cent in 2025.
