Germany: real wages are falling as sectors gear up for 2023 wage negotiations

Through Thomas Schnee. Published on 29 November 2022 Ă  15h12 - Update on 29 November 2022 Ă  15h12

It is too early to know whether salary increases negotiated in autumn 2022 in the major Chemicals and Metals sectors (+6.5%, +8.5% respectively over two years plus €3,000 each) will help to protect wages from the effects of high domestic inflation.…

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