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Germany’s Biggest Union Pushes for 7%-8% Raise in Wage Talks

  • Demand is highest in 13 years for metal and electronics sector
  • Union calls on politicians to help ease the burden on citizens
Members of the IG Metall union.

Members of the IG Metall union.

Photographer: Michaela Rehle/Bloomberg

Updated on

Germany’s biggest labor union is seeking a wage increase of 7% to 8% to help 3.8 million metals and electronics workers cope with rampant inflation.

The recommendation Monday by IG Metall’s management board would cover a period of 12 months and is the highest in about 13 years, reflecting a squeeze on consumers triggered by the war in Ukraine and continued supply disruptions. The corridor encompasses the Bundesbank’s 2022 prediction for average price growth in Europe’s largest economy.