After this month's adjustment, STATEC projects that the next wage indexation will not occur before Q3 2026 amid stable inflation forecasts.

The National Institute of Statistics and Economic Studies (STATEC) announced Wednesday that the next wage indexation will likely occur in the third quarter of 2026, based on inflation forecasts of 1.9% for both 2025 and 2026.

This projection follows the previously reported 2.5% indexation adjustment scheduled for May 2025, which will benefit all employees and pensioners. After this upcoming adjustment, STATEC anticipates at least a 14-month gap before the subsequent indexation takes effect.

In its latest inflation analysis, STATEC's central scenario accounts for price trends across key sectors including services, energy, food (including alcohol and tobacco), and non-energy industrial goods.

The institute's 1.9% inflation forecast for 2025-2026 aligns with broader eurozone projections. Major international institutions predict average inflation nearing 2% during this period. For 2025, estimates range from Oxford Economics' 1.9% to the European Commission's 2.3% projection, which reflects heightened global economic tensions. Looking ahead to 2026, forecasts vary between 1.8% (Oxford Economics) and 2% (OECD).

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2.5% boost: New wage indexation to take effect on 1 May: STATEC