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MNI BRIEF: Negotiated Eurozone Wage Growth Slowed In Q4 - ECB

(MNI) LONDON
(MNI) London

Wage growth slowed in the three months to December, but remains at elevated levels, the ECB says.

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Euro area wage growth slowed modestly in the three months to end-December, the European Central Bank's negotiated wage tracker showed on Tuesday.

Wage growth slowed to 4.46% q/q from 4.69% in the third quarter, the data showed. On an annual basis, wage growth in 2023 was 4.47%, up from 2.92% in 2022.

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Euro area wage growth slowed modestly in the three months to end-December, the European Central Bank's negotiated wage tracker showed on Tuesday.

Wage growth slowed to 4.46% q/q from 4.69% in the third quarter, the data showed. On an annual basis, wage growth in 2023 was 4.47%, up from 2.92% in 2022.

Keep reading...Show less