Economics

Luxembourg wages could be indexed before end 2016

Earners in Luxembourg could see a little windfall in their paypackets before the end of the year, as consumer prices inch closer to the threshold for wages to be indexed.

07.09.2016

(ndp/JB) Earners in Luxembourg could see a little windfall in their paypackets before the end of the year, as consumer prices inch closer to the threshold for wages to be indexed.

According to data analysts Statec, the indexation segment, as the inflation-pegged wage rise is known, could be applied to earnings and pensions as soon as the end of 2016.