According to the Dutch statistics office CBS, in the first three months of this year, wage growth averaged 5 percent, while a year ago it was 2.7 percent. Wages in the Netherlands have never risen so quickly in the past 40 years.
The Central Bureau of Statistics explains that this is the result of collective labor agreements previously entered into by employers and employees. In the Netherlands, 80% of all employees are covered by these agreements. According to CBS data, the largest salary increase occurred in the hospitality industry – an average of 8 percent.
The rest of the article is under the video
See also: This is the “necessary condition” for low inflation. The government is trying to do that
More expensive than increases
“Wages follow prices,” commented the statistical information of the newspaper “De Volkskrant”. The newspaper confirms this Real purchasing power in the Netherlands continues to decline by about 1.5 per cent as wages grow slower than inflation. Earlier CBS data showed that consumer prices in the first quarter of the year were about 6.6 percent lower than they were in the previous quarter. higher than the previous year.
According to the Planning Office CPB, the average statistical earnings in 2022 in the Netherlands are around 3.16 thousand euros per month. Compared to earnings in Poland, this is a high amount, but the cost of living in the Netherlands is among the highest in the European Union. The price of a regular loaf of bread is around €3 – and it has increased by almost 16% over the year.
In Poland, wages do not keep pace with inflation
If you want to keep up to date with the latest economic and business events, use the Click-through Chatbot here
Rate our article quality:
Your feedback helps us create better content.
source:
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.
