German Metal Employers Offer 1.3% as Strikes Hit 2,000 Plants
Berlin – November 03, 2026 -- Employers in Germany's metal and electrical industry opened the second bargaining round with a 1.3% wage increase effective July 2028, following 20 months without a raise, according to a commentary in nd.DerTag. Over a 26-month term, the commentary calculates, that equals 0.6% per year.
Offer sits below inflation and productivity gains
The commentary cites inflation of 3% and productivity growth of 1.5%, both well above the annualized offer. It also points to extraordinary profits in aerospace, electrical and medical technology and the defense industry. The auto industry also reports profits, though at lower levels.