Press Real earnings down 1.1% in 2020 year on year

Nominal earnings 0.7% lower than in the previous year

Press release No. 143 of 24 March 2021

WIESBADEN – According to final results of the quarterly survey of earnings, the index of nominal earnings in Germany decreased by an average of 0.7% in 2020 compared with a year earlier. The index reflects the development of gross monthly earnings including extra payments. Consumer prices rose by just under 0.5% in the same period. The Federal Statistical Office (Destatis) also reports that real earnings declined by 1.1% compared with 2019. The provisional results published on 17 February 2021 were corrected downwards by 0.1 percentage points.

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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.

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