- ECB Q1 2025 negotiated wage indicator +2.38%
- Prior +4.12% in Q4 2024
Wage growth is a lagging indicator but will keep the policymakers' conviction on a return to target high.
ECB negotiated wage indicator
ECB Q1 2025 negotiated wage indicator +2.38% vs +4.12% in Q4 2024
- The ECB's negotiated wage growth indicator
