EU wage growth (via @Gavekal) EU nominal wage growth has accelerated in the past year, with financial compensation per employee rising 5% YoY in 4Q22. In 15 eurozone countries that have minimum wage legislation, the minimum wage rose a record 8.3% YoY as of 1Q23. – Chart Of The Day

EU wage growth (via @Gavekal) EU nominal wage growth has accelerated in the past year, with financial compensation per employee rising 5% YoY in 4Q22. In 15 eurozone countries that have minimum wage legislation, the minimum wage rose a record 8.3% YoY as of 1Q23.

Chart Of The Day

Chart Of The Day