© AFP
Salaries in Luxembourg are due to rise by 2.5% as a result of indexation, the national statistics agency Statec announced.
This will be the second increase in a few months following the one in October, due to the high rate of inflation in the country which reached 6.1% in March.
The announcement comes as the government, employers and unions are in contentious negotiations to help protect residents' purchasing power. The government had promised not to cancel this indexation, but wants to push back the next one, originally planned later this year, and replace it with other compensation measures that will be easier on employers.
According to our information, the OGBL rejected the government's proposal on Tuesday, while the other actors involved in the tripartite have not yet spoken out.
With the new indexation, salaries, benefits and pensions will increase by 2.5 percent from 1 April.
