Business & Finance
Euro-Zone Wage Growth to Quicken in Second Half of This Year
Key Points
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.