MIL OSI – Source: Destatis Statistisches Bundesamt – In English –
Headline: Index of real earnings up 1.8% in 2016
WIESBADEN – According to provisional results of the quarterly survey of earnings, the index of real earnings in Germany rose 1.8% in 2016 compared with a year earlier. This was the second largest increase since the beginning of the time series in 2008. Based on provisional results, the Federal Statistical Office (Destatis) also reports that nominal earnings in 2016 increased by 2.3% year-on-year. Consumer prices were up 0.5% in the same period. The main reason for the strong rise in real earnings in 2016 was the small increase in consumer prices rather than higher earnings as such.
Basic data and long time series are available in tables Gross earnings, weekly working hours (62321-0001) and Indices of agreed earnings, weekly working hours (62231-0001) in the GENESIS-Online database.
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