Forecast: Wages and Salaries in Accommodation and Food Services in France

In 2023, the wages and salaries in the accommodation and food services sector in France stood below 36.26 billion Euros. The forecast from 2024 to 2028 indicates a steady upward trajectory from 36.26 to 39.07 billion Euros, representing a consistent year-on-year growth. Between 2024 and 2028, the annual growth rate remains persistently positive, highlighting a healthy expansion in compensation within this industry.

Looking ahead, important trends to monitor include:

  • Potential impacts of inflation on wage growth and its effect on consumer prices.
  • Legislative changes affecting minimum wage policies and labor contracts in France.
  • Technological advancements and their influence on workforce needs and productivity.

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