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BERLIN (AP) — Germany’s biggest industrial union says it will seek an 8% wage increase for millions of manufacturing workers in upcoming pay talks, a demand that is just above the country’s current inflation rate.
The IG Metall union’s demand comes as Chancellor Olaf Scholz seeks to find ways with unions and employers to address the impact of rising prices while preventing an inflationary spiral.
Germany has Europe’s biggest economy.
In Germany, wage deals are typically hammered out in negotiations between employers’ organizations and unions that cover a whole sector.
IG Metall negotiates for workers in the auto and machinery industries among others, with more than 3.8 million workers. Negotiations are due to begin in mid-September.
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