Wages in Manufacturing in Germany increased to 117.70 Index Points in May from 115.20 Index Points in April of 2019. Wages in Manufacturing in Germany averaged 58.07 Index Points from 1960 until 2019, reaching an all time high of 186.60 Index Points in November of 2018 and a record low of 7.70 Index Points in February of 1960.
Wages in Manufacturing in Germany is expected to be 116.03 Index 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 117.06 in 12 months time. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 121.22 Index Points in 2020, according to our econometric models.