Wages in Manufacturing in Germany increased to 101 points in October from 100.90 points in September of 2019. Wages in Manufacturing in Germany averaged 52.95 points from 1960 until 2019, reaching an all time high of 165 points in July of 2019 and a record low of 7.70 points in February of 1960. source: Deutsche Bundesbank

Wages in Manufacturing in Germany is expected to be 102.11 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 102.62 in 12 months time. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 106.55 points in 2020, according to our econometric models.

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Germany Hourly Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
101.00 100.90 165.00 7.70 1960 - 2019 points Monthly
2015=100, NSA

Germany Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.10 3.10 11.50 0.40 percent [+]
Employed Persons 45191.00 45153.00 45191.00 37643.00 Thousand [+]
Unemployed Persons 2227.16 2180.00 5288.25 84.97 Thousand [+]
Unemployment Change 8.00 -14.00 264.00 -96.00 Thousand [+]
Long Term Unemployment Rate 1.20 1.30 6.30 1.20 percent [+]
Youth Unemployment Rate 5.90 5.90 15.90 5.70 percent [+]
Labour Costs 108.96 108.22 116.69 78.67 points [+]
Productivity 97.30 97.10 105.70 17.00 points [+]
Job Vacancies 772.66 736.32 891.70 57.80 Thousand [+]
Wages 3997.00 3932.00 3997.00 1832.00 EUR/Month [+]
Wage Growth 1.90 1.30 6.00 -2.70 percent [+]
Wages in Manufacturing 101.00 100.90 165.00 7.70 points [+]
Minimum Wages 9.19 8.84 9.19 8.50 EUR/Hour [+]
Population 82.85 82.52 82.85 72.54 Million [+]
Retirement Age Women 65.67 65.58 65.67 65.00 [+]
Retirement Age Men 65.67 65.58 65.67 65.00 [+]
Labor Force Participation Rate 61.60 61.50 61.80 56.90 percent [+]
Wages Low Skilled 2050.00 2100.00 2100.00 1950.00 EUR/Month [+]
Wages High Skilled 3550.00 3550.00 3550.00 3400.00 EUR/Month [+]
Living Wage Family 1990.00 1960.00 1990.00 1770.00 EUR/Month [+]
Living Wage Individual 1240.00 1210.00 1240.00 1060.00 EUR/Month [+]
Part Time Employment 11227.10 11035.40 11227.10 6330.60 Thousand [+]
Employment Change 0.10 0.10 0.90 -0.90 percent [+]
Employment Rate 77.00 76.50 77.00 63.60 percent [+]
Full Time Employment 29449.20 29781.60 30031.60 26748.40 Thousand [+]