wages

Over 600,000 protest across France over wages, living costs

More than 600,000 people marched across France on Thursday, November 5, when five unions held a nationwide day of strikes and protests over wages, living costs and public services. The unions also threw their support behind a student movement that…

ECB forecasters raise inflation outlook as wage fears grow

Professional forecasters have lifted their euro zone inflation outlook sharply, and large companies are bracing for workers to push for bigger pay rises. Both findings come from two European Central Bank surveys published Friday, October 30, a day after the…

ECB sees no major wage response to inflation surge

The European Central Bank is not detecting a broad wage response to this year's energy-driven inflation spike, the bank's chief economist said Wednesday, offering reassurance that rapid price growth is not yet becoming entrenched in the euro area economy.