The average wage increase in newly concluded collective agreements has again exceeded 3 percent. In July the average was 3.04 percent, a slight increase compared to June, reports employers' association AWVN on Monday.

As an adviser for employers, AWVN is involved in the majority of Dutch collective agreements.

It has been clear for a long time that higher wage increases are being agreed in new collective agreements. The average wage increase of the collective agreements concluded in January was 2.68 percent.

A total of 23 collective agreements were concluded last month, slightly less than the average in a normal July month. 168 collective labor agreements were concluded in the first seven months of this year, about 40 fewer than the average in the last five years.

According to the AWVN, longer negotiations resulted in delays and negotiators had to study the consequences of the pension agreement. The employers' association expects the backlog to be made up in the coming months.