Wages in Manufacturing in Germany decreased to 102.30 points in August from 167.80 points in July of 2020. source: Deutsche Bundesbank

Wages in Manufacturing in Germany averaged 53.79 points from 1960 until 2020, reaching an all time high of 167.80 points in July of 2020 and a record low of 7.70 points in February of 1960. This page provides the latest reported value for - Germany Hourly Wages in Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Hourly Wages in Manufacturing Index - values, historical data and charts - was last updated on October of 2020.

Wages in Manufacturing in Germany is expected to be 118.84 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Germany to stand at 101.91 in 12 months time. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 121.22 points in 2021 and 103.33 points in 2022, according to our econometric models.

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Germany Hourly Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
102.30 167.80 167.80 7.70 1960 - 2020 points Monthly
2015=100, NSA

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 4.50 11.50 0.40 percent [+]
Employed Persons 44579.00 44640.00 45244.00 37643.00 Thousand [+]
Unemployed Persons 2759.78 2847.15 5288.25 84.97 Thousand [+]
Unemployment Change -35.00 -10.00 371.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.10 1.20 6.30 1.10 percent [+]
Youth Unemployment Rate 6.00 6.10 15.90 5.60 percent [+]
Labour Costs 117.67 111.20 117.67 78.67 points [+]
Productivity 93.30 96.20 106.10 17.00 points [+]
Job Vacancies 602.32 590.73 891.70 57.80 Thousand [+]
Wages 4021.00 4035.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.30 167.80 167.80 7.70 points [+]
Wage Growth -4.70 0.40 6.00 -4.70 percent [+]
Minimum Wages 9.35 9.19 9.35 8.50 EUR/Hour [+]
Population 83.20 82.85 83.20 72.54 Million [+]
Retirement Age Women 65.75 65.67 65.75 65.00 [+]
Retirement Age Men 65.75 65.67 65.75 65.00 [+]
Labor Force Participation Rate 62.60 62.00 62.60 56.90 percent [+]
Part Time Employment 11138.90 11230.10 11230.90 6330.60 Thousand [+]
Employment Change -1.40 0.00 0.90 -1.40 percent [+]
Employment Rate 75.80 75.80 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]