ECB: Euro area’s negotiated wages rise by 5.42% YoY in Q3 2024 vs. 3.53% in Q2

On Wednesday, the European Central Bank (ECB) released its indicator of the Euro area’s negotiated wages data for the third quarter of 2024.

Data showed that the Euro area negotiated wages accelerated at an annual pace of 5.42% in Q3 2024 after growing by a revised 3.53% in the second quarter of this year.