Ten Years Without Productivity
Productivity per employee is 3% lower than in 2015, while in the eurozone it is 2.4% higher. That is why any wage increase ends up in prices.
Tag: wages
Who Paid for Inflation
In 2022, profits contributed 3.9 out of the 6.3 percentage points of inflation and wages 0.3. From 2024 this reverses — and the average real wage remains below 2019.