1051 GMT - Eurozone wage pressures are expected to continue to ease, the European Central Bank says. The ECB's tracker says wages are expected to rise by 2.6% in 2026, after 3.9% in 2025 and a 4.2% increase in 2024. On a quarterly basis, wages rises are expected to average 1.9% in the first, 2.1% in the second, 2.5% in the third and 2.6% in the fourth quarter, the ECB says. The increase over the course of the year mainly reflects statistical effects related to the treatment of earlier one-off payments rather than new wage pressures, it says. The ECB closely tracks wages particularly due to their impact on inflation in the services sector. (edward.frankl@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 06:51 ET (10:51 GMT)
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