Swiss Economicblogs.org
A report by UBS predicts average Swiss salary growth of 1.9% in 2024, set against expected inflation of 2%. If correct, real pay will be slightly lower by year end than it was at the start of the year. Photo by cottonbro studio on Pexels.comThe bank said that rising health insurance premiums will mean many workers face a loss of purchasing power in the coming year. At the same time a robust labor market and excess savings are supporting consumption. While labour shortages have eased...
Read More »Swiss pay rises won’t keep up with inflation in 2024
