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

_Published Wednesday, September 16, 2026 at 6:07 AM EDT · Policy · Latest · Tier 2 — Notable_

![ECB tracker points to 2.7% negotiated wage growth in early 2027 — Primary](https://www.ecb.europa.eu/press/shared/img/socialmedia/social-default.jpg?0ef1632c35edede913681bb76af694a4)

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.

## Sources

- [ECB - European Central Bank](https://www.ecb.europa.eu//press/pr/date/2026/html/ecb.pr260916~7bc58ebef4.en.html)

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Canonical: https://techandbusiness.org/newswire/mR5NJzaHiF1M8a-kDiBuoU
Published: 2026-09-16T10:07:07.029Z
Story chronology: 2026-09-16T08:00:00.000Z
Retrieved: 2026-09-16T11:58:13.820Z
Publisher: Tech & Business (techandbusiness.org)