22-05-2025
German Wage Growth Slows Sharply as Economy Struggles to Grow
German wage growth has eased significantly, and economic weakness suggests future deals will likely be much lower than in the past, according to the Bundesbank.
First-quarter negotiated pay, including ancillary agreements, rose just 0.9% from a year ago, compared to a 5.8% gain at the end of 2024, the central bank said Thursday in its monthly report.
