Wages in Germany increased 1.20 percent in March of 2019 over the same month in the previous year. Wage Growth in Germany averaged 0.43 percent from 1992 until 2019, reaching an all time high of 6 percent in the third quarter of 1992 and a record low of -2.70 percent in the third quarter of 1997.
Wage Growth in Germany is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Germany to stand at 1.70 in 12 months time. In the long-term, the Germany Real Wage Growth YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.