Eurozone firms forecasting slower wage growth over the next year 

A survey shows that companies are expecting salaries to rise by 3.3% over the next year. 

Companies across the eurozone are forecasting a more moderate increase in workers’ pay over the coming 12 months, a new European Central Bank (ECB) survey has revealed.

This comes ahead of an ECB meeting on Thursday this week where it is due to discuss interest rates. It has been widely suggested that rates will be left unchanged.