Press Agreed earnings in 1st quarter of 2023 up 2.7% year on year

Press release No. 209 of 31 May 2023

WIESBADEN – Agreed earnings in Germany rose by an average of 2.7% in the first quarter of 2023 compared with the same quarter a year earlier. This is shown by the index of agreed monthly earnings including extra payments. Agreed earnings excluding extra payments rose by 2.5% compared with the same quarter of the previous year. Consumer prices increased by 8.3% over the same period.

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Basic data and long time series are available in tables Indices of agreed earnings, weekly working hours (62221-0001), (62221-0002) and Monthly index of agreed earnings and working hours (62231-0001) in the GENESIS-Online database.

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