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- Real earnings in Germany up 1.2% in 2019
Real earnings in Germany up 1.2% in 2019
According to the report from Federal Statistical Office (Destatis), the index of real earnings in Germany rose by an average of 1.2% in 2019 compared with a year earlier. Based on provisional results of the quarterly survey of earnings, Destatis also reports that nominal earnings in 2019 increased by 2.6% year on year.. Consumer prices rose by 1.4% in the same period.
The trend of recent years, in which gross earnings of employees rose more than consumer prices, continued in 2019: measured by the real wage index, employee earnings have also increased by 1.2% on average every year since 2010. Nominal earnings of full-time, part - time and marginal employees increased by an average of just under 2.6% and consumer prices by just over 1.3% per year.
These data are preliminary results on the nominal (not price adjusted) and real (price-adjusted) growth of gross earnings in Germany in the year 2019. Detailed and final data for the 4. Quarter of 2019 and 2019 are expected to be published at the end of March 2020.
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