Wages in the European Union increased 3.7 percent year-on-year in the last quarter of 2020. source: EUROSTAT
Wage Growth in European Union averaged 2.21 percent from 2010 until 2020, reaching an all time high of 5 percent in the second quarter of 2020 and a record low of 1 percent in the third quarter of 2010. This page provides - European Union Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Wage Growth - values, historical data and charts - was last updated on April of 2021.
Wage Growth in European Union is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in European Union to stand at 1.60 in 12 months time. In the long-term, the European Union Wage Growth is projected to trend around 1.80 percent in 2022 and 2.10 percent in 2023, according to our econometric models.