Swiss Nominal wage increase of 0.8 % in 2020 and Real Wage increase of 1.5 %

The Swiss nominal wage index rose by 0.8 % on average in 2020 compared with 2019. It settled at 103.4 points (base 2015 = 100). Given an average annual inflation rate of –0.7 %, real wages rose by 1.5 % (102.6 points, base 2015 = 100) according to calculations by the Federal Statistical Office (FSO).

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