Euro-Zone Wage Growth to Pick Up in Second Half of Next Year
Summarize this article with:
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Commuters in the La Defense business district, Paris.Pay growth in the euro area is set to accelerate in the latter half of next year, supporting the European Central Bank’s assessment that there’s currently no need to lower interest rates further.The ECB’s wage tracker, published Friday, predicts salaries will rise by an annual 2.7% in the fourth quarter of 2026 after advancing 2.5% in the third. While that’s far below the peak of more than 5% in 2024, it’s quicker than the projection for the first six months of next year.