The projected decrease in wages and salaries for the Precious Metals and Non-Ferrous Metals Manufacturing sector in France shows a gradual decline from 2024 to 2028, from 725 million euros to 721.6 million euros. Compared to 2023's actual data, 2024's forecast reflects an effort to stabilize costs during economic uncertainties.
Year-on-year, the trend indicates minor contractions, barely surpassing one percent, reflecting a cautious economic outlook. The compound annual growth rate (CAGR) over five years similarly indicates a slight negative trajectory, emphasizing cost optimization within the industry.
Future trends to watch for:
- Monitor potential legislative changes affecting wages in the sector.
- Observe impacts of global market demands on France's metal industry.
- Follow technological advancements that could reshape cost structures.