The wages of workers in 8 EU countries are lower on average - in ‘real terms’ (adjusted for inflation) – than ten years ago.
A new study by the European Trade Union Institute (ETUI) – to be published tomorrow – shows that average wages in UK, Italy, Spain, Greece, Portugal, Hungary, Croatia and Cyprus were lower in 2018 than in 2009.
It also shows that real wages have stood still – with zero increase – in Belgium and Finland – over the same period.
The figures show that average wages, adjusted for inflation, went down 2009-19 by