Wage indexation is expected to be triggered by the end of April in Luxembourg, which would result in a salary increase in May.

According to the latest data recorded by National Institute of Statistics and Economic Studies (STATEC), the next indexation of wages, pensions and salaries will "very likely" take effect in May – a matter of weeks.

STATEC found that prices slightly declined between February and March, notably due to falling petroleum product prices. Over the year, the inflation rate stands at 1.3%.

To trigger the index, the average calculated by STATEC must reach 1013.46. It currently stands at 1012.69. Given the level of inflation required in April to reach this threshold (0.56%), it is therefore "very likely that there will be a wage indexation in May".

As a reminder, the index is always reflected in the wages of the month following its activation. April’s inflation should therefore allow an increase for all in May. STATEC will confirm this at the end of the month. After that, no further indexation is expected before next year.

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