Agreed earnings 2.4% higher in January 2009 on a year earlier
WIESBADEN – As reported by the Federal Statistical Office (Destatis), the monthly agreed earnings of employees in Germany increased an average 2.4% between January 2008 and January 2009. As some pay settlements included an increase in weekly working hours, too, the rise in agreed hourly earnings amounted to not more than 2.2%. By way of comparison, consumer prices were up 0.9% in Germany in January 2009 on a year earlier.
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