German real wages keep growing
Real wages in Germany increased by 1.5% in the second quarter of 2026, after accounting for inflation, continuing their rise since the beginning of the year. However, this increase is still 0.6% lower than the level in 2019 before the crises. This growth was driven by a 4.1% rise in nominal wages, compared to a 2.5% increase in consumer prices. Workers with lower incomes benefited particularly from the raise in the minimum wage to €13.90 per hour, with the bottom fifth experiencing a 6.7% increase in wages. Despite this growth, workers' purchasing power has not fully recovered, and experts confirm that the current increases only partially compensate for previous inflation losses.
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