Wages and labour costs · Euro Area

Euro Area Negotiated Wage Growth

The Euro Area Negotiated Wage Growth measures how fast pay, or the total cost of employing people, is rising in the Euro Area.

महत्व
Medium
जारी
Quarterly
अगली रिलीज़
मुद्रा
EUR · euro
केंद्रीय बैंक
The European Central Bank
प्रभावित करता है
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

नवीनतम आँकड़े

नवीनतम रिलीज़, Q2 के लिए, 2026-08-21 को प्रकाशित हुई और 2.44% रही। यह पिछली बार के 2.56% से कम है (संशोधित)।

पिछली 7 रिलीज़ में यह 1.87% से 4.12% के बीच रहा, औसत 2.88%। यह लगातार तीन रिलीज़ से गिर रहा है।

Feb 2025: 4.12%May 2025: 2.38%Aug 2025: 3.95%Nov 2025: 1.87%Feb 2026: 2.95%May 2026: 2.46%Aug 2026: 2.44% Feb 2025Aug 2026
वास्तविक नतीजे; बार पर छोटी रेखा आम सहमति दिखाती है।
जारीअवधिवास्तविकअनुमानपिछला
21 Aug 2026Q22.44%–2.56% ®
22 May 2026Q12.46%–2.89% ®
20 Feb 2026Q42.95%–1.89% ®
21 Nov 2025Q31.87%–4.01%
22 Aug 2025Q23.95%–2.46% ®
23 May 2025Q12.38%–4.12%
25 Feb 2025Q44.12%–5.43% ®

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यह क्यों मायने रखता है

Wages are the largest cost for service businesses, so wage growth well above productivity growth turns into lasting inflation. Central banks watch it to judge whether inflation will return to target; strong wage growth tends to keep the European Central Bank hawkish.

गणना कैसे होती है

Pay data come from employer surveys, tax records or collective agreements; the release usually shows the change from a year earlier. Labour cost indexes include employers' social contributions and benefits.

Wage growth (yoy) = average pay ÷ average pay a year ago − 1
Real wage growth ≈ wage growth − inflation

बदलावों का अर्थ

  • Wage growth of about 3–3.5% is roughly consistent with 2% inflation when productivity grows about 1%.
  • Compositional effects (low-paid workers losing jobs) can lift the average misleadingly.

उम्मीद से ज़्यादा: A higher figure than expected makes the European Central Bank more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

उम्मीद से कम: A lower figure than expected gives the European Central Bank room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

संक्षिप्त इतिहास

The link between wages and inflation was described by A. W. Phillips in 1958 (the Phillips curve); it has weakened and strengthened over the decades but remains central to central-bank thinking.

प्रश्न

What is the Euro Area Negotiated Wage Growth?

The Euro Area Negotiated Wage Growth measures how fast pay, or the total cost of employing people, is rising in the Euro Area.

What was the latest Euro Area Negotiated Wage Growth?

2.44% for Q2, published on 21 August 2026.

When is the next Euro Area Negotiated Wage Growth?

On Friday 20 November 2026 at 10:00 UTC.

केवल शैक्षिक सामग्री, निवेश सलाह नहीं। आँकड़े हमारे कैलेंडर में दर्ज प्रकाशित नतीजे हैं; बताई गई बाज़ार प्रतिक्रियाएँ सामान्य हैं, गारंटीशुदा नहीं।