Average weekly earnings in Ireland increased by 3.4 percent year-on-year to EUR 768.14 in the third quarter of 2019, little-changed from a revised 3.6 percent growth in the previous period, as earnings rose by 1.3 percent across the public sector and by 3.9 percent across the private sector. The largest gains were recorded in the information and communication sector (EUR 1,255.49), followed by the financial, insurance and real estate activities sector (EUR 1,078.43). Meanwhile, the lowest average weekly earnings were EUR 383.75 in the accommodation and food service activities sector and EUR 495.31 in the arts, entertainment, recreation and other service activities sector. Wage Growth in Ireland averaged 0.78 percent from 2009 until 2019, reaching an all time high of 3.60 percent in the first quarter of 2019 and a record low of -2.90 percent in the first quarter of 2010. source: Central Statistics Office Ireland
Wage Growth in Ireland is expected to be 3.20 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 2.80 in 12 months time. In the long-term, the Ireland Average Weekly Earnings YoY is projected to trend around 2.50 percent in 2020, according to our econometric models.