ECB sees negotiated wage growth flat through Q1 2027, then rising to 2.8%

Verifying
  • ECB expects negotiated wage growth to remain broadly flat before a modest acceleration.
  • 2.6% to 2.7% is projected through Q1 2027, followed by 2.8%.
  • ECB says wage growth near 3% is consistent with its 2% inflation target.
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