German real wages up 2.4% in 2015, biggest rise in 7 years
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[BERLIN] Real wages in Germany rose 2.4 per cent last year compared to 2014, the strongest increase since 2008, the Statistics Office said on Thursday, in a boost to private consumption which has become the main driver of growth in Europe's biggest economy.
Moderate inflation and relatively strong increases in nominal wages, of 2.7 per cent, were cited by the Office as the main reasons for the rise.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
