Verdi urges income compensation for price increases

Released on 14.10. 2021

  • Verdi wants “clearly noticeable increases in real wages” in the coming collective bargaining negotiations. Photo: Christoph Soeder

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The service union demands increases in real wages. According to Verdi, this is necessary so that employees and their families can absorb the price increase.

Berlin (dpa) – In view of the high inflation rate, the service union Verdi wants to achieve “clearly noticeable increases in real wages” in the coming collective bargaining negotiations.

These are necessary so that the employees and theirs Families could absorb the price increase, said Verdi chairman Frank Werneke of the editorial network Germany (RND). “Since the price jumps for food, energy and petrol in particular affect people with lower and middle incomes, our tariff demands include minimum amounts that make the wage increases for these employees above average,” Werneke pointed out.

Consumer prices in Germany rose by 4.1 percent in September compared to the same month last year. The main reasons for this were higher energy costs and the value-added tax, which was raised again after a reduction. A year ago, the energy prices fell very sharply due to Corona, now the increase has an even stronger effect – that, together with the expired VAT reduction, understandably causes great uncertainty, even if the average price increase is much lower, “said Walter-Borjans to the RND. Nevertheless, he takes worries about rising gas prices very seriously.

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