Wages and salaries in the euro area rose 3.0% year-on-year in the second quarter of 2026, slowing from a 3.4% increase in the previous three months. Wage growth eased across both industry and services, to 2.8% from 3.4% and 2.9% from 3.3%, respectively, while construction wage growth was unchanged at 4.1%. Among the bloc’s largest economies, wage growth slowed in Germany (2.9% vs 3.3%), Spain (4.3% vs 5.2%), Italy (2.1% vs 2.7%) and the Netherlands (3.1% vs 3.9%). France was the exception, with wage growth picking up to 2.1% from 1.9%. source: EUROSTAT
Wages In the Euro Area increased 3 percent in June of 2026 over the same month in the previous year. Wage Growth in Euro Area averaged 2.51 percent from 2009 until 2026, reaching an all time high of 5.40 percent in the first quarter of 2024 and a record low of -0.50 percent in the second quarter of 2021. This page provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Wages In the Euro Area increased 3 percent in June of 2026 over the same month in the previous year. Wage Growth in Euro Area is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Wage Growth is projected to trend around 2.50 percent in 2027 and 2.30 percent in 2028, according to our econometric models.