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Heurist Finance

ECB wage tracker sees euro-zone pay growth slowing to 2.4% in Q3 2027

Bloomberg ·
ECB wage tracker sees euro-zone pay growth slowing to 2.4% in Q3 2027
  • The ECB's wage tracker forecasts annual euro-zone salary growth of 2.4% for July to September 2027.
  • The forecast sits below the 2.8% projected for Q1 and Q2 2027.
  • All readings in the tracker are far below the 5.3% peak registered in 2024.
  • The slowdown supports the ECB as it fights inflation driven by the Iran war.

Quotes

“predicts salaries will rise by an annual 2.4% between July and September next year”— ECB wage tracker
“encouraging news for the European Central Bank as it battles inflation driven by the Iran war”— Bloomberg

Sources