Eurozone wages moderate

The European Central Bank expects wage growth across the eurozone to edge higher in early 2027, but remain well below the record levels seen after Russia's invasion of Ukraine fueled an inflation surge. Negotiated wages are forecast to rise 2.7% year-on-year in the first quarter of 2027, up slightly from 2.6% in late 2026, largely due to the fading impact of one-off payments made in 2024…