Home » Legal developments » European legislation » [mind RH study] EU: minimum wage increases outstrip inflation in most countries [mind RH study] EU: minimum wage increases outstrip inflation in most countries 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. By Nathalie Tran with Rudy Degardin. Published on 29 January 2024 à 16h54 - Update on 31 January 2024 à 19h07 Resources 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.… Nathalie Tran with Rudy Degardin Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messageRGPD J’accepte la politique de confidentialité.FacebookThis field is for validation purposes and should be left unchanged. Essentials Latest articles Longer careers: a new state of affairs for companies CSRD: social and environmental reporting market takes shape Analysis & Data Latest articles Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
