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Europe: real pay edges ahead as inflation fall

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Article

Workplace Report

2024

230

February

18-19

wages ; inflation ; wage increase ; collective bargaining ; collective agreement ; comparison

EU countries

Wages and wage payment systems

English

"Pay increases were relatively high across the EU in 2023, although, as in 2022, they were achieved against a background of high inflation - but, with inflation falling, most countries were able to record real-term pay growth"

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