Destatis: agreed earnings up 3.8% in 2Q 2017 YoY

WIESBADEN, 31-Aug-2017 — /EuropaWire/ — The collectively agreed earnings, as measured by the index of agreed monthly earnings including extra payments, increased by an average 3.8% in the second quarter of 2017 compared with the same quarter of the previous year. This is the highest rise since the beginning of the time series in 2011. The Federal Statistical Office (Destatis) also reports that, excluding extra payments, the year-on-year increase in the second quarter of 2017 was 3.4%. Consumer prices went up by 1.7% over the same period.

Basic data and long time series are available in tables Indices of agreed earnings, weekly working hours (62221-0001)(62221-0003) and Monthly index of agreed earnings and working hours (62231-0001) in the GENESIS-Online database.

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SOURCE: Statistisches Bundesamt (Destatis)

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