Press Agreed earnings in the 3rd quarter 2018 up 3.7% on the same quarter a year earlier

Press release No. 465 of 29 November 2018

WIESBADEN – Agreed earnings in Germany rose an average 3.7% in the third quarter of 2018, year on year. The calculation included the agreed basic remuneration and agreed extra payments such as one-off payments, annual extra payments or agreed back payments. The Federal Statistical Office (Destatis) also reports that, excluding extra payments, the year-on-year increase in the third quarter of 2018 was 2.7%. Consumer prices went up by 2.1% 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.

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