Press release No. 175 of 30 May 2017
WIESBADEN – The collectively agreed earnings, as measured by the index of agreed monthly earnings including extra payments, increased an average 2.8% in the first quarter of 2017 year on year. On an average of the last 20 quarters, the relevant rate of change was 2.5%. The Federal Statistical Office (Destatis) also reports that, excluding extra payments, the year-on-year increase in the first quarter of 2017 was 2.8%, too. Consumer prices were up 1.9% over the same period.
Basic data and long time series are available in tables Indices of agreed earnings, weekly working hours (62221-0001), (62221-0003) and Monthly index of agreed earnings and working hours (62231-0001) in the GENESIS-Online database.