Wages and salaries in the Euro Area increased 1.5 percent year-on-year in the fourth quarter of 2021, following a downwardly revised 2.2 percent advance in the previous three-month period. source: EUROSTAT
Wage Growth in the Euro Area averaged 1.98 percent from 2009 until 2021, reaching an all time high of 5.40 percent in the second quarter of 2020 and a record low of -0.60 percent in the second quarter of 2021. This page provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.
Wage Growth in Euro Area is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Wage Growth is projected to trend around 2.20 percent in 2023 and 1.90 percent in 2024, according to our econometric models.