Name: Indicator Of Negotiated Wage Rates
Creator: European Central Bank (ECB)
License: https://www.ecb.europa.eu/services/disclaimer/html/index.en.html

ECB dataset from agency ECB: INW

The indicator of negotiated wage rates

(INWR) is designed to capture the outcome of collective bargaining processes and to provide a timely indication of possible wage pressures (without the effect of wage drift, i.e. the difference between negotiated and actual wages).

Last updated: 20 February 2026 11:00 CET

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