Germany toasts record wage growth

ReutersNewsPublished: September 22, 2015147 views
Published: September 22, 2015

German real wages rose by 2.7 percent in the second quarter, the strongest increase since records began in 2008. As David Pollard reports, the data showed the strongest increases on a pre-inflation, or nominal basis, were in eastern Germany and in the unskilled, low-wage sector, suggesting the introduction of a minimum wage had an impact.

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