Press release No. 227 of 23 June 2020
WIESBADEN – The index of nominal earnings in Germany rose by 2.1% in the first quarter of 2020 on the same quarter a year ago. The Federal Statistical Office (Destatis) also reports that consumer prices increased by 1.6% over the same period. The resulting real (price adjusted) growth in earnings amounted to 0.4%. This was the lowest rate of increase in real earnings recorded since the fourth quarter of 2013.
Basic data and long time series are available in tables Gross earnings, weekly working hours (62321-0001) and Indices of agreed earnings, weekly working hours (62231-0001) in the GENESIS-Online database.
