Press release 437 / 2013-12-19: Real earnings down 0.3% in the third quarter of 2013 on the same quarter of 2012
WIESBADEN – Real earnings in Germany fell by an average 0.3% from the third quarter of 2012 to the third quarter of 2013. The Federal Statistical Office (Destatis) reports that nominal earnings rose by 1.3% and consumer prices by 1.6% over that period.
The results for the first three quarters of 2013 suggest that real earnings will decrease only slightly in 2013. Nominal earnings rose by 1.4% in the first three quarters of 2013 compared with the same period in 2012, consumer prices were up 1.6%.
The gross average earnings of a full-time employee in Germany were 3,462 euros per month (excluding special payments) in the third quarter of 2013.
For further information:
tel: +49 611 75 4236,