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Euro-Zone Wage Growth to Quicken in Second Half of This Year

Euro-Zone Wage Growth to Quicken in Second Half of This Year
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Central Banks Euro-Zone Wage Growth to Quicken in Second Half of This Year Euro-area pay growth is set to accelerate in the second half of this year, while remaining far below previous peaks, the European Central Bank said as it gauges inflation risks from the Iran war. The ECB’s wage tracker predicts salaries will rise by an annual 2.6% in in the third and fourth quarter. That’s stronger than the projection for the first six months, but still way below 2024’s 5.2% peak.

Central Banks Euro-Zone Wage Growth to Quicken in Second Half of This Year Euro-area pay growth is set to accelerate in the second half of this year, while remaining far below previous peaks, the European Central Bank said as it gauges inflation risks from the Iran war. The ECB’s wage tracker predicts salaries will rise by an annual 2.6% in in the third and fourth quarter. That’s stronger than the projection for the first six months, but still way below 2024’s 5.2% peak.
Second Half of This Year (EVENT) the European Central Bank (ORG) the Iran war (EVENT) ECB (ORG)
Originally published by Bloomberg Markets Read original →