Luxembourg Wages, Pensions to Increase by 2.5% on Friday

Luxembourg's statistical institute STATEC has confirmed that the next wage indexation will take place on Friday 1 April 2022.

According to the provisional result published by STATEC, the annual inflation rate of the national consumer price index amounts to 6.1% for the month of March 2022. With this result, the half-yearly average of the index connected to the base 1.1.1948 for the month in question exceeds the threshold of 918.17 points, thus triggering a new wage indexation.

The new application rating of the sliding salary scale of 877.01 points (old rating: 855.62 points) will come into force on 1 April 2022, leading to a 2.5% increase in wages, salaries and pensions on that date.

The final and detailed results of the national consumer price index for March will be published on 8 April 2022, following the monthly meeting of the index commission.