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9th Jun 2025 10:36EurozoneWeekly Monitor

  • EZ compensation per employee growth slowed in Q1, in line with easing negotiated wage growth. 
  • Other measures out in the coming days are likely to also show slower wage growth in Q1. 
  • We suspect wage growth will now plateau in the 2.5%-to-3.0% range, remaining historically high.

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Keywords for: 10 June 2025 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence