Wage growth and inflation in advanced economies 2019

Between the first quarter of 2018 and the first quarter of 2019, wages in the United States grew by 3.2 percent. This is compared to Japan, where wages decreased by 0.2 percent over the same period. In the Euro area, wages increased by 2.3 percent.

Wage growth and inflation in the United States, the Euro area, and Japan between Q1 2018 and Q1 2019

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Release date

June 2019



Survey time period

Q1 2018 to Q1 2019

Supplementary notes

Last observation is April 2019 for U.S. wages and Consumer Price Index, and Euro Area Harmonized Index of Consumer Prices; March 2019 for Japan Consumer Price Index and wages; 2018 Q4 for Euro Area wages. Wages are average hourly earnings of private are average hourly earnings of private nonfarm employees for the United States, average monthly earnings for Japan, and nominal hourly wages and salaries for the Euro Area.

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