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German Wages Outpace Inflation in 2024
German collective bargaining wages increased by 4.8 percent in 2024, exceeding the 2.2 percent rise in consumer prices due to inflation compensation bonuses and higher collective bargaining agreements; however, growth varied across sectors.
German Wages Outpace Inflation in 2024
German collective bargaining wages increased by 4.8 percent in 2024, exceeding the 2.2 percent rise in consumer prices due to inflation compensation bonuses and higher collective bargaining agreements; however, growth varied across sectors.
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