Firms have started to raise wages for part-time workers and to allow for a shift in employment from non-regular employment to regular employment. In addition, the outcome of the spring wage negotiations BIS central bankers’ speeches  3  suggests, in not just a few cases, possible increases in monthly wages and bonus payments as well as other lump-sum payments.
It is only in conditions in which the economy is restored to steady growth, and demand develops solidly in line with the supply potential that interest rates can go back to levels that citizens would regard as fair remuneration for their savings. Prolonged stagnation in incomes and negative inflation can only bring destruction of income and saving.