Average weekly earnings in Ireland surged 6.2 percent year-on-year to EUR 819.13 in the second quarter of 2020, the most since comparable records began in 2009 and compared to a revised 3.7 percent growth in the previous period. Earnings rose by 2.3 percent across the public sector and by 6.4 percent across the private sector. The largest gains were recorded in the information and communication sector (EUR 1,251.03), followed by the financial, insurance and real estate activities sector (EUR 1,168.41). Meanwhile, the lowest average weekly earnings were EUR 405.20 in the accommodation and food service activities sector and EUR 561.56 in the arts, entertainment, recreation and other service activities sector.
Wage Growth in Ireland averaged 1.04 percent from 2009 until 2020, reaching an all time high of 6.20 percent in the second quarter of 2020 and a record low of -2.90 percent in the first quarter of 2010. This page provides - Ireland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Ireland Average Weekly Earnings YoY - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Central Statistics Office Ireland
Wage Growth in Ireland is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Ireland to stand at 0.80 in 12 months time. In the long-term, the Ireland Average Weekly Earnings YoY is projected to trend around 1.70 percent in 2021 and 2.20 percent in 2022, according to our econometric models.