Germany Wages to Increase ‘Slightly’ in 2012, Rundschau Reports
By Ragnhild Kjetland -
2011-11-23T00:00:00Z
Real wages in Germany will rise 0.8 percent in 2012, the Frankfurter Rundschau reported, citing Heiko Peters, a member of the scientific staff at Germany’s Council of Economic Experts.
The effective hourly wage is expected to increase 2.7 percent on average, while prices will increase about 1.9 percent, the newspaper quoted Peters as saying.
In the current year, real wages are expected to rise by 0.5 percent, Frankfurter Rundschau said in an e-mailed preview of an article that will appear in today’s edition.
To contact the reporter on this story: Ragnhild Kjetland in Frankfurt at rkjetland@bloomberg.net
To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.