Böckler Foundation: Purchasing power of collective wages falls to 2016 level. Real collective wages in Germany were at the same level as in 2016.
That was six percentage points less than at the end of 2020. The need to catch up is particularly high in sectors such as the construction industry or Deutsche Telekom, says researcher Thorsten Schulten. Inflation compensation premiums will no longer apply, says WSI researcher Thorstein Schulte. In most industries, collective bargaining wages would have increased by between 4.4 and 7.4 percent in 2023.