Wages in Manufacturing in Germany remained unchanged at 102.10 points in February from 102.10 points in January of 2021. source: Deutsche Bundesbank

Wages in Manufacturing in Germany averaged 54.27 points from 1960 until 2021, 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 May of 2021.

Wages in Manufacturing in Germany is expected to be 102.31 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 103.43 in 12 months time. In the long-term, the Germany Hourly Wages in Manufacturing Index is projected to trend around 105.39 points in 2022 and 107.29 points in 2023, according to our econometric models.

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Germany Hourly Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
102.10 102.10 167.80 7.70 1960 - 2021 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 44481.00 44453.00 45216.00 37716.00 Thousand [+]
Unemployed Persons 2771.23 2827.45 5288.25 84.97 Thousand [+]
Unemployment Change 9.00 -6.00 363.00 -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 111.90 111.78 117.19 71.06 points [+]
Productivity 97.40 99.50 106.20 17.00 points [+]
Job Vacancies 628.56 609.15 891.70 57.80 Thousand [+]
Wages 4033.00 3978.00 4035.00 1832.00 EUR/Month [+]
Wages in Manufacturing 102.10 102.10 167.80 7.70 points [+]
Wage Growth 0.40 -1.30 6.00 -4.70 percent [+]
Minimum Wages 9.50 9.35 9.50 8.50 EUR/Hour [+]
Population 83.17 83.02 83.17 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 0.00 -0.20 0.90 -1.50 percent [+]
Employment Rate 76.70 76.40 77.00 63.60 percent [+]
Full Time Employment 30459.60 29922.00 30459.60 26748.40 Thousand [+]