ECB: Euro area’s Negotiated Wages rise 2.46% YoY in Q1 2026 vs. 2.95% in Q4 2025
Von Dhwani Mehta
Aktualisiert: 22 May 2026
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On Friday, the European Central Bank (ECB) released its indicator of the Euro area’s Negotiated Wage Rates data for the first quarter (Q1) of 2026.
On Friday, the European Central Bank (ECB) released its indicator of the Euro area’s Negotiated Wage Rates data for the first quarter (Q1) of 2026.
Data showed that the Euro area Negotiated Wages rose by 2.46% year-on-year (YoY) in Q1 after increasing by 2.95% in the previous quarter.
Market reaction to the EU Negotiated Wages data
The EU negotiated wage growth data has little to no impact on the Euro (EUR), as EUR/USD trades 0.12% lower on the day at 1.1605, as of writing.
About ECB indicator of Negotiated Wage growth
The ECB indicator of negotiated wage growth is computed for a subset of countries only. The euro area aggregate is based on nine countries: Germany, France, Italy, Spain, the Netherlands, Belgium, Finland, Austria and Portugal. The indicator relies on data for negotiated monthly earnings. The euro area indicator is based on a mixture of monthly and quarterly time series and is based on non-harmonised country data.
Euro Price Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.11% | 0.04% | 0.06% | 0.07% | 0.26% | 0.26% | -0.06% | |
| EUR | -0.11% | -0.06% | -0.02% | -0.04% | 0.17% | 0.16% | -0.17% | |
| GBP | -0.04% | 0.06% | 0.04% | 0.03% | 0.21% | 0.23% | -0.12% | |
| JPY | -0.06% | 0.02% | -0.04% | 0.02% | 0.18% | 0.18% | -0.15% | |
| CAD | -0.07% | 0.04% | -0.03% | -0.02% | 0.16% | 0.17% | -0.15% | |
| AUD | -0.26% | -0.17% | -0.21% | -0.18% | -0.16% | 0.00% | -0.35% | |
| NZD | -0.26% | -0.16% | -0.23% | -0.18% | -0.17% | -0.01% | -0.34% | |
| CHF | 0.06% | 0.17% | 0.12% | 0.15% | 0.15% | 0.35% | 0.34% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
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