Increase of 1.7% in nominal wages in 2023 and 0.4% decline in real wages

Neuchâtel, 25.04.2024 - The Swiss nominal wage index rose by an average of 1.7% in 2023 compared with 2022, to 102.4 points (base 2020 = 100). Given an average annual inflation rate of +2.1%, real wages fell by 0.4% (96.9 points, base 2020 = 100) according to calculations by the Federal Statistical Office (FSO).

This press release and further information on the topic can be found on the FSO website (see link below).


Address for enquiries

Didier Froidevaux, FSO, Section Wages and Working Conditions, tel.: +41 58 463 67 56, email: didier.froidevaux@bfs.admin.ch



Publisher

Federal Statistical Office
http://www.statistics.admin.ch

https://www.admin.ch/content/gov/en/start/documentation/media-releases.msg-id-100808.html