Index Increase - April 2022

As from 1^st April 2022, the index applicable to employees' wages will be increased from 855.62 to 877.01, entailing a 2.5% raise of gross salary paid to individuals with employment contracts subject to Luxembourg law.

Wage indexation is an automatic mechanism to adjust salaries in pace with evolving living costs, as determined by the statistics and economic studies bureau (STATEC). Salaries are automatically raised when the cost of living increases by at least 2.5%. The aim of this measure is to compensate loss of purchase power due to inflation by increasing salaries accordingly.

The final detailed results of the national consumer price index for March 2022 will be published on 8 April 2022.