Last updated: 12 March 2025 12:01 CET
Series key: EWT.Q.U2.N.WT.INWS._T.4F0.GY
Neither seasonally nor working day adjus... Wage Tracker Including smoothed one-off payments Total - all NACE activities European Central Bank (ECB) Growth rate, over 1 year
Neither seasonally n... Wage Tracker Including smoothed o... Total - all NACE act... European Central Ban... Growth rate, over 1 ...
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Additional information about the time series

The headline ECB wage tracker is a tracker of negotiated wage growth that includes collectively agreed one-off payments, such as those related to inflation compensation, bonuses or back-dated pay, which are smoothed over 12 months. The data contain a forward-looking component, which aggregates the implied wage growth rates of active wage agreements in the contributing wage tracker countries. The forward-looking component extends the data into the future based on currently active contracts and should not be interpreted as a forecast. For more details on which values are considered forward looking, please see the data flags in the data table. Those observations flagged (E) are forward looking, while data flagged (P) are provisional. Both data flagged E and P are subject to revision as more contracts become available in the dataset.