In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

This dataset provides values for WAGE GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In September 2023, contractual hourly wages and salaries in Italy grew by 3 percent, compared to the same period of the previous year. In December of the same year, hourly wages and salaries in Italy increased by more than 7 percent compared to December 2022. This was due to a state administration's decision to pay an allowance to permanent public employees waiting for the renewal of their collective labor agreement in 2024.

Wages in Poland increased 9 percent in June of 2025 over the same month in the previous year. This dataset provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The annual rate of development of real wages in Czechia fluctuated in the observed period, with the highest figure observed at six percent in 2018. In 2023, the real wages in the country fell by 3.3 percent. However, in the following year, they were expected to grow by more than nine precent.

Graph and download economic data for 3-Month Moving Average of Unweighted Median Hourly Wage Growth: Work Status: Full-Time (FRBATLWGT3MMAUMHWGWSFT) from Mar 1997 to Jun 2025 about growth, moving average, full-time, 3-month, average, wages, median, and USA.

Graph and download economic data for 3-Month Moving Average of Unweighted 25th Percentile Hourly Wage Growth: Overall (FRBATLWGT3MMAU25PHWGO) from Mar 1997 to Jun 2025 about growth, moving average, percentile, 3-month, average, wages, and USA.

Wages In the Euro Area increased 3.40 percent in March of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guatemala recorded the highest wage growth worldwide in 2022 with an increase of ** percent when using purchasing power parity U.S. dollars. Colombia and Vietnam followed behind. Worldwide, real wages fell by nearly *** percent in 2022.

In 2023, the average monthly income of domestic workers in Brazil increased by 6.13 percent when compared to the previous year. By contrast, in 2021 the average income per month decreased by 7.2 percentage points compared to 2020.

In May 2025, real wages in Japan decreased by *** percent compared to the same month of 2024, according to preliminary figures. Since 2023, the sharpest decline in real wages of establishments with five or more employees was recorded in January 2023 at *** percent.

Graph and download economic data for 12-Month Moving Average of Weighted Median Hourly Wage Growth: Weighted 1997: Overall (FRBATLWGT12MMAWMHWG97O) from Dec 1997 to Jun 2025 about growth, moving average, 1-year, average, wages, median, and USA.

Average hourly and weekly wage rate, and median hourly and weekly wage rate by North American Industry Classification System (NAICS), type of work, gender, and age group.

United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data was reported at 4.300 % in Apr 2025. This records a decrease from the previous number of 4.500 % for Mar 2025. United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data is updated monthly, averaging 3.800 % from Dec 1997 (Median) to Apr 2025, with 329 observations. The data reached an all-time high of 7.300 % in Nov 2022 and a record low of 1.600 % in Jan 2011. United States Median Wage Growth: 12-Mo Mov Avg: Lower Half of Wage Dist data remains active status in CEIC and is reported by Federal Reserve Bank of Atlanta. The data is categorized under Global Database’s United States – Table US.G114: Atlanta Fed Wage Growth Tracker: 12-Month Moving Average.

Wages in Hungary increased 7.80 percent in May of 2025 over the same month in the previous year. This dataset provides - Hungary Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2025, it is predicted that average earnings in the United Kingdom will increase by *** percent, compared with a growth rate of *** percent in 2024, and *** percent in 2023, the fastest average earnings growth in this time period. By contrast, average earnings did not grow at all in 2020, in the aftermath of the COVID-19 pandemic. Earnings vs inflation Although earnings grew at their fastest pace between 2021 and 2023 in this provided time period, this was offset by the period of very high inflation that occurred alongside it. This reached a peak of **** percent in October 2022, with inflation only reaching the typical target rate of *** percent in May 2024. Despite strong wage growth, the average UK worker saw their earnings fall relative to inflation between November 2021 and May 2023. As of January 2024, weekly wages in the UK were still growing faster than inflation, at *** percent for regular pay and *** percent for pay including bonuses. Full-time earnings reach over ****** GBP in 2024 Full-time employees in the United Kingdom earned an average annual salary of ****** British pounds in 2024, compared with just over ****** in the previous year. As of this year, men reported higher earnings than women did, with the UK reporting a gender pay gap of **** percent for 2024, compared with **** percent in 1997. Workers in their 40s had the highest average earnings by age group, at approximately ****** for men, and ****** for women. Although men earned more than women in all age groups, this gap was smallest among workers aged 18 to 21.

In 2024, real wages in Japan dropped by *** percent, declining for the third consecutive year. In the past decade, the sharpest decline in real wages of establishments with five or more employees was recorded in 2014 at *** percent.

Wages in Russia increased 4.20 percent in May of 2025 over the same month in the previous year. This dataset provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the last quarter of 2024, Spain registered a wage growth of 3.52 percent, compared to the same period of the previous year. The second quarter of 2021 was the one with the highest wage growth, with an increase of 14.43 percent.

Egypt Wages: Weekly Average data was reported at 1,251.000 EGP in 2023. This records an increase from the previous number of 1,052.000 EGP for 2022. Egypt Wages: Weekly Average data is updated yearly, averaging 534.000 EGP from Dec 1999 (Median) to 2023, with 25 observations. The data reached an all-time high of 1,283.000 EGP in 2019 and a record low of 143.000 EGP in 1999. Egypt Wages: Weekly Average data remains active status in CEIC and is reported by Central Agency for Public Mobilization and Statistics. The data is categorized under Global Database’s Egypt – Table EG.G018: Wages and Salaries.