Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Germany Negotiate Wages Increased by 2.8 Percent


May, 30 2017
watermark Economic news

The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly improved than the previous year according to the data released on Tuesday. These wages comprise of basic pay, one transaction settlement, yearly bonuses and back remuneration from salary deals. An estimated 17 million workers in Germany from companies who transact every one to two years.

In comparison, the present 2.8 percent growth from January to March is more than the long-term average of 2.5 percent than the last quarter of 2016. It also ascended at a faster rate than the 2.5 percent for the past five years indicating a rise in wage growth from a 2.2 percent elevation in the fourth quarter last year. It exceeded that increase in consumer costs augmenting by 1.9 percent in the same period implying that households have more disposable income amid a rising inflation.

Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.