Forecast: Wages and Salaries in Electricity, Gas, Steam and Air Conditioning Supply in Germany

In 2023, wages and salaries in Germany's electricity, gas, steam, and air conditioning supply sector stood at 19.06 billion euros. Forecasts suggest a yearly growth in wages and salaries, registering year-on-year increases of approximately 2.8% to 2.6% between 2024 and 2028. Notably, the Compound Annual Growth Rate (CAGR) over these five years is forecasted to be around 2.6%.

Future Trends to Watch for:

  • Technological advancements in energy supply and efficiency may impact labor demand and wages.
  • Policy changes, especially around sustainable energy, could affect sector salaries.
  • Inflationary pressures might influence real wage growth despite nominal increases.

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