Press Agreed earnings in 2021 up 1.3% on the previous year

Press release No. 080 of 1 March 2022

WIESBADEN – Agreed earnings in Germany rose by an average 1.3% in 2021 compared with the annual average of 2020. This is shown by the index of agreed monthly earnings including extra payments. The provisional result published by press release on 16 December 2021 is thus confirmed. According to the Federal Statistical Office (Destatis), this is the smallest increase of agreed earnings since the time series started in 2010. Agreed earnings excluding extra payments rose by 1.4% in 2021 compared with the previous year. Consumer prices increased by 3.1% 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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