ECB Sees Euro-Area Pay Growth Rising to 2.7% by Q1 2027
Updated
Updated · Bloomberg · Jul 29
ECB Sees Euro-Area Pay Growth Rising to 2.7% by Q1 2027
1 articles · Updated · Bloomberg · Jul 29
Summary
The ECB’s wage tracker projects euro-area pay growth at 2.7% in the first quarter of 2027, up from 2.6% expected in the third and fourth quarters of 2026.
That points to a modest reacceleration after weaker readings in the first half, though the pace remains far below the 5.2% peak reached in 2024.
The forecast feeds into the ECB’s assessment of inflation pressures as policymakers gauge the economic fallout from the Iran war.