Reported 1 day ago
The European Central Bank (ECB) forecasts a considerable decrease in wage growth within the euro zone this year, predicting it will drop to 3.1% in 2025 from 4.8% in 2024. This decline reflects the ECB's broader strategy to meet its 2% inflation target, following a period of high inflation driven by external factors. The figures indicate a shift in labor compensation trends amidst decreasing inflation rates, which recently measured at 2.2%.
Source: YAHOO