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Dutch central bank blames pay raises for continued high inflation last year

Wage increases were the biggest driver of inflation in the past year, according to De Nederlandsche Bank (DNB). Corporate profits have also contributed to inflation, although their contribution declined as the year progressed, the central bank said on Tuesday.

Aveage hourly wage up 7% last year; Most strikes since 1972

The average gross hourly wage earned in the Netherlands increased by 7.0 percent last year, the biggest increase in 45 years, according to figures from Statistics Netherlands (CBS). The stats office also reported that there were 52 strikes in the country last year, the highest number since 1972.

Average hourly wage up 7% last year; Most strikes since 1972

The average gross hourly wage earned in the Netherlands increased by 7.0 percent last year, the biggest increase in 45 years, according to figures from Statistics Netherlands (CBS). The stats office also reported that there were 52 strikes in the country last year, the highest number since 1972.

FNV wants wage increases up to 14%, €16 per hour minimum wage against inflation

The trade union FNV will demand wage increases between 5 and 14 percent in collective bargaining negotiations next year. It will also work for a minimum wage of 16 euros per hour, the union announced after consultations with its members, NOS and RTL Nieuws reports.

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