ECB wage growth tracker suggests lower and more stable wage pressures in H1 2026

• Negotiated wage growth with smoothed one-off payments of 4.6% in 2024, and 3.2% in 2025.
• For the first half of 2026, the headline ECB wage tracker stands at 1.7%
  (down from 2.1% in the second half of 2025 and 4.3% in the first half
  of 2025).

Stable wage growth is a good thing for the ECB as it helps with keeping inflation stable around their target in absence of shocks.

Full report here

This article was written by Giuseppe Dellamotta at investinglive.com.