#Latest news with #wageNegotiationBloomberg23-05-2025BusinessBloombergEuro-Zone Wage Growth Sinks, Supporting Further ECB EasingA key measure of euro-area pay growth plunged, supporting the European Central Bank's claim that inflation will soon hit the 2% target and backing calls to lower interest rates further. Negotiated wages rose 2.4% from a year ago in the first quarter, the ECB said Friday. That's down from 4.1% in the final three months of 2024 and less than half the 5.4% peak recorded last year.
Bloomberg23-05-2025BusinessBloombergEuro-Zone Wage Growth Sinks, Supporting Further ECB EasingA key measure of euro-area pay growth plunged, supporting the European Central Bank's claim that inflation will soon hit the 2% target and backing calls to lower interest rates further. Negotiated wages rose 2.4% from a year ago in the first quarter, the ECB said Friday. That's down from 4.1% in the final three months of 2024 and less than half the 5.4% peak recorded last year.
23-05-2025
