Luxembourg workers: Wages will soon be increased
Luxembourg workers: Wages will soon be increased soon. Good news for cross-border workers, salaries are going to be increased from April 1st ! No, this is not a fish. The National Institute of Statistics and Economic Studies (Statec) has announced an increase 2.5% of the index.
+2,5% increase for the index in April 2022
What allows us to see the index increase again, after only 6 months ?
It is the annual inflation rate of the national consumer price index, which was 6.1% for the month of March,” explains Statec.
According to provisional calculations, the annual inflation rate for March was 6.1%. With this result, the half-yearly average of the index exceeded the 918.17-point threshold in March, triggering a new indexation. According to Statec, the final figures on this subject are due to be published on 8 April.
A new increase towards the end of 2022 ?
The Luxembourg government recognizes that this is a burden for companies. In agreement with the unions, Prime Minister Xavier Bettel said: “The advance payment, which according to the latest Statec data should fall in August 2022, will be postponed to April 2023.