Luxembourg's statistical institute STATEC has confirmed that the next wage indexation is taking place today, Friday 1 October 2021.
According to the provisional result published by STATEC, the annual inflation rate of the national consumer price index amounts to 2.7% for the month of September. With this result, the half-yearly average of the index linked to the 1.1.1948 base for the month of September exceeds the threshold of 895.78 points, thus triggering a new wage indexation.
This new wage indexation results in an increase of 2.5% in wages, salaries and pensions from 1 October.
Further details will be published on Wednesday 6 October 2021, following the monthly meeting of the index commission.