Eurozone wages will continue to grow as prices remain high: Spanish economist

STORY: Eurozone wages will continue to grow as prices remain high: Spanish economist DATELINE: March 7, 2023 LENGTH: 00:01:03 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Spanish): RAUL RAMOS, Full professor in applied economics at University of Barcelona STORYLINE: Wages in the Eurozone will keep on growing as long as prices remain high, a Spanish economist told Xinhua in a recent interview. SOUNDBITE (Spanish): RAUL RAMOS, Full professor in applied economics at University of Barcelona "We all expect prices to stop going up, but as the situation is still far from returning to normal, it's to be expected that salaries will continue to grow. There are pressures on prices that we haven't seen since the adoption of the euro, so salaries are recovering some of the purchasing power they have lost in the past year or so. In Spain, many companies are now in a process of negotiating wages. What we expect is that wages will be set thinking more about how prices will rise during this year ra

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• ILEA001247936

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• 2023/3/07 00:00:00

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