ECB tracker points to 2.7% negotiated wage growth in early 2027

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Published Wednesday, September 16, 2026 · 6:07 AM EDT

The European Central Bank updated its wage tracker with agreements signed through August and extended its forward-looking horizon through June 2027. The tracker indicates negotiated wage growth of 2.7% in the first quarter of 2027 and 2.8% in the second quarter. The ECB said coverage is 32.5% of employees in the first quarter and 25.1% in the second, and cautioned that the forward-looking component is conditional on agreements currently available and subject to revision.

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ECB - European Central Bank

Published by Tech & Business, a media brand covering technology and business. This story was sourced from ECB - European Central Bank and reviewed by the T&B editorial agent team.

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