ECB's Wage Tracker Signals Pay Growth Will Plunge This Year
Wage growth in the euro zone will slow sharply in 2025, according to the European Central Bank's main gauge of future pay increases – bolstering arguments that inflation is under control.
The ECB's wage tracker, published Wednesday, predicts salaries will rise by an annual 1.7% in the fourth quarter. That's just above the 1.6% projection seen in April, and far below last year's 5.4% peak.
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