Press release No. 076 of 1 March 2019
WIESBADEN – Collectively agreed earnings, as measured by the index of agreed monthly earnings including extra payments, increased by an average of 2.9% in 2018 year on year. This means an upward revision of the provisional result released on 13 December 2018 (+2.8%) by 0.1%. An even larger increase in agreed earnings including extra payments was last observed in 2014 (+3.3%). The Federal Statistical Office (Destatis) also reports that agreed earnings excluding extra payments rose by 2.6% in 2018 compared with the previous year. Consumer prices went up by 1.8% 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.
