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Purchasing power of EU workers rising, despite limited collectively agreed pay increases

Nominal collectively agreed pay increases remained limited in the majority of EU Member States in 2013. However, because of lower inflation rates, employees in a number of European countries saw the purchasing power of their wages increase, reflecting a change from the post-crisis trend that had been observed since 2011. Eurofound’s annual update on pay is out.
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Eurofound, a tripartite European Union Agency, provides knowledge to assist in the development of social, employment and work-related policies

Eurofound (European Foundation for the Improvement of Living and Working Conditions) is a tripartite EU body, whose mission is to provide knowledge to assist in the development of better social, employment and work-related policies.

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