[mind RH study] EU: minimum wage increases outstrip inflation in most countries

Featured image of the article [mind RH study] EU: minimum wage increases outstrip inflation in most countries

An article by Nathalie Tran and Rudy Degardin

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29 January 2024 à 15h36

Updated on 31 January 2024 à 19h07

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Publication: 29 January 2024 à 15h36, Updated on 31 January 2024 à 19h07

Reading time: 1 minute

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On 1 January, the average annual increase in the minimum wage level in the 22 European Union member states with legal minimum wages was almost 11%. Although inflation slowed in all these countries in 2023, the minimum wage continued to rise, in some cases far outstripping increases in the cost of living.

An article by Nathalie Tran and Rudy Degardin

Add mind HR to your sources
Publication

29 January 2024 à 15h36

Updated on 31 January 2024 à 19h07

Reading time

1 minute

Publication: 29 January 2024 à 15h36, Updated on 31 January 2024 à 19h07

Reading time: 1 minute

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The legal minimum wage increased with effect from 1 January 2024 in 17 of the 22 EU member states (out of 27) that have introduced it.

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Article authors
Featured image of the article Nathalie Tran
Nathalie Tran Editor-in-Chief Mind HR
Featured image of the article Nathalie Tran
Rudy Degardin Apprentice data journalist

Ancien apprenti de la cellule Data et Lab (2023-2025)

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