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Euronews
Euronews
Servet Yanatma

Europe’s wage growth since 2020: Are Europeans better off?

European Union Euro Europe Inflation Bulgaria

Hourly gross wages and salaries rose from €21.5 in 2020 to €26.2 in 2025 in the EU, reflecting 21.9% growth. However, this does not account for inflation.

Consumer prices for goods and services increased by 25.6% over the same period. As a result, cumulative real wages declined by 3%, meaning households’ purchasing power fell.

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