Euro Area Wage Growth  2009-2017 | Data | Chart | Calendar | Forecast

Wages in the Euro Area increased 1.6 percent year-on-year in the third quarter of 2016, following a 0.9 percent gain in the previous period. Wage Growth in the Euro Area averaged 1.85 percent from 2009 until 2016, reaching an all time high of 3.40 percent in the second quarter of 2009 and a record low of 0.90 percent in the third quarter of 2010.

Euro Area Wage Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-17 09:00 AM Q1 1.8% 1.5% 1.5%
2016-09-16 09:00 AM Q2 0.9% 1.7% 1.9%
2016-12-19 10:00 AM Q3 1.6% 0.9% 1.1%
2017-03-20 10:00 AM Q4 1.6% 1.5%
2017-06-16 09:00 AM Q1 1.7%
2017-09-15 09:00 AM Q2 1.8%




Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.60 9.70 12.10 7.20 percent [+]
Unemployed Persons 15452.00 15781.00 19157.00 11336.00 Thousand [+]
Employed Persons 153.45 153.13 153.45 117.36 Million [+]
Long Term Unemployment Rate 4.80 5.00 6.30 2.70 percent [+]
Youth Unemployment Rate 20.90 21.00 24.70 14.90 percent [+]
Productivity 103.40 103.20 103.40 82.60 Index Points [+]
Labour Costs 102.60 109.30 110.50 84.80 Index Points [+]
Wages 1681.00 1676.00 1681.00 1302.00 EUR/Month [+]
Wage Growth 1.60 0.90 3.40 0.90 percent [+]
Population 339.89 338.52 339.89 260.38 Million [+]
Full Time Employment 113544.60 112069.90 118857.50 107450.40 Thousand [+]
Employment Change 0.20 0.40 0.80 -0.70 percent [+]
Part Time Employment 30655.90 30947.70 30947.70 19769.20 Thousand [+]
Labor Force Participation Rate 57.20 57.00 57.30 55.00 percent [+]
Retirement Age Men 64.63 64.48 64.63 62.47 [+]
Retirement Age Women 63.94 63.77 63.94 61.59 [+]



Euro Area Wage Growth Notes

In the Euro Area, wage growth refers to the change in the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including home workers), in return for work done during the accounting period, regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly. 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 - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 0.90 3.40 0.90 2009 - 2016 percent Quarterly
NSA



Last
Australia 1.90 Dec/16
Belarus 7.97 Dec/16
Belgium 2.20 Jun/16
Cyprus -0.70 Sep/16
Czech Republic 4.00 Sep/16
Estonia 7.50 Jun/16
Euro Area 1.60 Sep/16
European Union 2.00 Sep/16
France 0.30 Jun/16
Germany 1.80 Sep/16
Hungary 5.70 Dec/16
Iceland 7.50 Nov/16
Italy 0.40 Dec/16
Japan 0.10 Dec/16
Macedonia 2.70 Mar/16
Netherlands 1.30 Jan/17
Norway 11.60 Sep/16
Poland 4.30 Jan/17
Portugal 3.20 Nov/16
Russia 103.10 Jan/17
Slovakia 4.00 Sep/16
Slovenia 3.68 Dec/16
Switzerland 0.60 Sep/16
Ukraine 23.80 Dec/16
United Kingdom 2.60 Dec/16
United States 3.57 Dec/16