Employees in Saxony can afford to earn more. The average real wage rose by 2.2 percent from April to the end of June compared to the same period last year, according to the State Statistical Office.
The inflation-adjusted wage increase was the result of nominal wages rising by 4.7 percent, which was once again higher than the 2.4 percent increase in consumer prices. According to statisticians, this means that the trend of rising real wages in Saxony has continued since the second quarter of 2023.