3rdquarter of 2019: real earnings up 1.9%, year on year

WIESBADEN – The index of nominal earnings in Germany rose by 3.4% in the third quarter of 2019 on the same quarter of the previous year. The Federal Statistical Office (Destatis) also reports that consumer prices increased by 1.5% over the same period. The resulting real (price adjusted) growth in earnings amounted to 1.9%.