The real wage index, obtained by deflating the nominalwage index by the consumer price index (a), indicates changes in the purchasing power of the amount of wages earned.
Wage developments remain a cause for concern, as the upward trend in the rate of increase in nominal wages recorded over recent years continued even when the economy slowed down.
Of a department or enterprise, the average price and the higher the wage increase, they do not need more by reducing the nominalwage to achieve the best possible adjustment of real wages.