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Story summary
- Italy's real wages fell 6.1% between Q1 2021 and Q1 2026, the steepest drop among 27 OECD European nations.
- Czechia and Sweden saw real-wage declines of 5.8% and 4.8%.
- Turkey posted a 78.6% real-wage rise despite 32% inflation.
- Hungary’s wages grew 29.8% because of labour shortages and minimum-wage hikes.
- Eurozone real wages fell 1.8% overall, with Lithuania up 14.8%, the UK 3.6%, and statutory minimum wages largely keeping pace with prices.
