According to the latest figures published by the Federal Statistics Agency (Destatis), for the first time since 2009, German wages are down. Indeed, in 2013, inflation (1.5 percent) was higher than the general wage increase (1.3 percent). As a result, real wages were 0.2 percent lower than in 2012. The Parliament opposition is worried about this decline in times of growth, and the federal government is rather in favor of wage moderation.
According to the 2013 report on the evolution of pay in Germany, presented by the Federal Statistics Agency on Thursday, February 20, the wage level was 0.2 percent lower in 2013. Indeed, cumulative inflation reached 1.5 percent while wages only increased by 1.3 percent. For their part, conventional wages increased by 1.2 percent (see article No. 8122). The statisticians believe the first reason for this decline is the serious cut to profit-sharing bonuses and variable pay in industries suc
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