Agreed earnings in July 2009: +3.0% on the same month a year earlier
WIESBADEN – As reported by the Federal Statistical Office (Destatis), agreed monthly earnings of employees in Germany rose an average 3.0% between July 2008 and July 2009. For comparison, consumer prices decreased 0.5% in the same period. However, not all persons employed under collective agreements benefit fully from the agreed pay increase because of short-time work, the reduction of extra payments, and the temporary suspension of agreed pay rises through opening clauses. For further information please call: Markus Biermanski, tel: (+49-611) 75-2407,
