Increase of 0.9 % in nominal wages in 2022 and 1.9 % decline in real wages in Switzerland

April 24, 2023

The Swiss nominal wage index rose by 0.9 % on average in 2022 compared with 2021. It settled at 100.7 points (base 2020 = 100). Given an average annual inflation rate of +2.8 %, real wages fell by 1.9 % (97.3 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO).

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