Germany's IG Metall union sets sights on wage hike amid high inflation & More News Here

BERLIN, June 30 (Reuters) – German commerce union IG Metall seemed set to name for a hike in wages for employees within the metallic and electrical trade amid spiking inflation, with its native department within the state of Lower Saxony demanding an 8% improve.

The union’s government board had really useful a rise of between 7% and eight% earlier this month to the collective bargaining districts, with Lower Saxony being the primary area up to now to submit its demand.

The Lower Saxony department cited persistently high inflation and rising costs for selecting the upper finish of the vary, 8%.

The different collective bargaining districts are anticipated to submit their calls for over the course of Thursday earlier than the union’s government board formally decides on the wage demand on July 11.

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Reporting by Jan Schwartz, Writing by Miranda Murray; Editing by Maria Sheahan

Our Standards: The Thomson Reuters Trust Principles.

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