The European Central Bank (ECB) reported that its wage tracker reached 2.7% in the first quarter of 2027, indicating stable negotiated wage pressures across the euro area.
The figure, released on July 29, 2026, reflects the latest data from the ECB's monitoring of negotiated wages, which is a key indicator for assessing inflation dynamics.
According to the ECB, the stable reading suggests that wage growth remains moderate, supporting the bank's monetary policy stance.
Source: European Central Bank
