Press Agreed earnings in the 2nd quarter of 2021: +1.9% on the same quarter of the previous year

Press release No. 407 of 30 August 2021

WIESBADEN – Agreed earnings in Germany rose by an average of 1.9% in the second quarter of 2021, year on year. The result includes the agreed basic remuneration and the extra payments provided for in wage settlements, 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 amounted to 1.4%. Consumer prices increased by 2.4% over the same period.

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Basic data and long time series are available in tables Indices of agreed earnings, weekly working hours (62221-0001), (62221-0002) and Monthly index of agreed earnings and working hours (62231-0001) in the GENESIS-Online database.

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