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The Swiss have less in their wallets than a year ago

Swiss employees in the year 2018, the bottom line is less in the wallet than in 2017. Although the wages increased, on paper, an average of 0.5 percent. But for this money you could buy due to the inflation is less.

The adjustment of wages to inflation in the wage bargaining plays an important role, but in verse chätzten last year, the Economists. During the Wage negotiations, Inflation was estimated by the end of 2017 to 0.2 per cent, but was finally, to 0.9 percent, so the price increases are corrected, real wages decreased by 0.4 percent. The show the new Figures from the Federal office for statistics, which were released on Tuesday.

For the same money you could buy in 2018 for less than a year before. (Icon image) image: SNB/Keystone

real wages have already gone the second year in a row, back, wrote the BFS. In 2017, the purchasing power of wages had fallen by 0.1 percent. Before that, however, had the employees in Switzerland, benefits: Over the last five years wages have risen considered according to the BFS, on average, by 0.6 percent.

Big differences according to sector

In the last year have had to buckle, especially in the industry persons working to their belts. Because in the industrial sector, nominal wages increased 0.3 percent weaker than in the overall economy. Within the sector, there have been, however, large differences noted by the BFS. So, employees had the in the chemical and pharmaceutical industry, on paper, 1.7 percent more money in the bag, while in the wood, paper and printing industry, nominal wages declined by 0.4 percent.

In the service sector, wages rose by 0.5 percent. In the financial services, there were wage increases of 1.5 per cent, in the media and telecommunications sector, as well as in the information technology and services 1.4 percent. On the other hand, the professional, scientific and technical services, as well as the Postal, courier and Express services, wage losses of 0.1% had to cope with.

the most important collective employment contracts (GAV), where almost half a Million are connected to the participants, it was agreed for 2018 collective agreement nominal wage increase of 0.3 per cent.


Created: 30.04.2019, 09:42 PM

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