Press Monthly index of agreed earnings up 3.2% in June 2016 from December 2014

Press release No. 211 of 21 June 2016

WIESBADEN – The Federal Statistical Office (Destatis) reports that the monthly index of agreed hourly earnings, excluding extra payments, rose by 3.2% in the period from December 2014 to June 2016. The Minimum Wage Commission has decided that it will use this indicator as the basis for the first adjustment of the statutory minimum wage as of 1 January 2017. 

This rate of change in the agreed earnings index reflects all pay settlements and previously agreed staged pay rises paid out between January 2015 and June 2016.

The complete range of results of the monthly agreed earnings index is available in the Monthly index of agreed earnings table (62231-0001) of the GENESIS-Online database.

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