Collectively agreed wages overall increased by 3.2% in December y-o-y, following a +3.1% rise in the previous month. Collectively agreed wages in the services sector were raised again more strongly, by 3.5% y-o-y, than in the manufacturing sector (+2.6%).

In December, basic wages (excluding one-off and special payments) increased by 3.7% y-o-y, following a +3.8% rise in November.