1st quarter of 2011: gross earnings up 2.0% in real and 4.1% in nominal terms
WIESBADEN – Real earnings, that is, the price-adjusted gross monthly earnings of full-time employees, rose by an average 2.0% in the first quarter of 2011 on the same quarter of 2010. As also reported by the Federal Statistical Office (Destatis), nominal earnings increased by 4.1% in the first quarter of 2011 compared with the first quarter of 2010. Consumer prices were up 2.1% in the same period. The increase in real earnings was the second highest since the beginning of the time series in 2008, while that in nominal earnings was stronger than ever before in the given period. For further information please call: Sandra Klemt, tel: +49 611 75 2706, www.destatis.de/contact
