Germany: real wages went down by 0.2 percent in 2013

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20 February 2014 à 16h13

Updated on 21 February 2014 à 10h38

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Publication: 20 February 2014 à 16h13, Updated on 21 February 2014 à 10h38

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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.
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20 February 2014 à 16h13

Updated on 21 February 2014 à 10h38

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Publication: 20 February 2014 à 16h13, Updated on 21 February 2014 à 10h38

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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.

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