German real wages jump 3.1% in 2024 as salaries rise, inflation falls

NAMPA / DPA

2025-02-26

Frankfurt (dpa) - German employees saw the highest increase in real wages in at least 16 years last year, official figures showed on Wednesday, as salary rises coincided with a significant drop in inflation. The Federal Statistical Office said real wages - the difference between nominal wage increases and inflation - were up 3.1% in 2024, the highest figure since the Wiesbaden-based agency started measuring the statistic in 2008. Average gross......

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