Real wages in Germany climb by 2.7% year-on-year in the second quarter

Market news

22 September 2015

Real wages in Germany climb by 2.7% year-on-year in the second quarter

Destatis released its real wages growth data for Germany on Tuesday. Real wages in Germany rose by 2.7% year-on-year in the second quarter, after a 2.5% growth in the first quarter. It was the biggest increase since the series began in 2008.

Nominal earnings climbed 3.2% year-on-year in the second quarter. In the same period, German consumer price index increased 0.5%.

Public sector net borrowing in the U.K. rises to £11.31 billion in August

Swiss trade surplus declines to CHF2.87 billion in August

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