Press 1st quarter of 2021: real earnings down 2.0% year on year

Nominal earnings down 0.7% on the same quarter a year earlier

Press release No. 300 of 28 June 2021

WIESBADEN – The index of nominal earnings in Germany was down by 0.7% in the first quarter of 2021 on the same quarter a year earlier. The index reflects the development of gross monthly earnings including extra payments. Consumer prices rose by 1.3% in the same period. The resulting real (price adjusted) decline in earnings amounted to 2.0%.

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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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