Wage growth in 2021 Decrease of 0.2% in nominal wages in 2021 and of 0.8% in real wages
Increase of 0.9% in nominal wages in 2022 and 1.9% decline in real wages
01.06.2022 - The Swiss nominal wage index fell by 0.2% on average in 2021 compared with 2020. It settled at 99.8 points (base 2020 = 100). Given an average annual inflation rate of +0.6%, real wages fell by 0.8% (99.2 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO).
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