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Wage evolution in 2017 Nominal wage increase of 0.4% in 2017 - real wages decrease by 0.1%

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Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages

Neuchâtel, 11 June 2018 (FSO) -The Swiss nominal wage index rose by +0.4% on average in 2017 compared with 2016. It settled at 101.1 points (base 2015 = 100). Given an average annual inflation rate of +0.5%, real wages registered a decrease of -0.1% (101.0 points, base 2015 = 100) according to calculations by the Federal Statistical Office (FSO).

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Nominal wage increase of 0.4% in 2017 - real wages decrease by 0.1%
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