As wages for fulltime employees include bonuses, their wage level fluctuates widely even after making seasonal adjustments, and therefore it is difficult to find a clear trend. However, the wage level for part-time employees has been rising in a stable manner.
Joachim Nagel: The impact of the Russian aggression on inflation prospects and monetary policy’s response Closing keynote address by Mr Joachim Nagel, President of the Deutsche Bundesbank,at the International Economic Symposium co-hosted by the Deutsche Bundesbank and NABE, Eltville, 10 May 2022.