{
  "id": 1187720,
  "title": "Trotz Kriegen und Krisen: Die Löhne in der Schweiz werden nächstes Jahr steigen",
  "url": "https://urgent.news/2026/08/16/trotz-kriegen-und-krisen-die-lohne-in-der-schweiz-werden-nachstes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T03:30:00.000Z",
  "source": {
    "name": "NZZ Wirtschaft",
    "slug": "nzz-wirtschaft",
    "url": "https://www.nzz.ch/wirtschaft/trotz-kriegen-und-krisen-die-loehne-in-der-schweiz-werden-naechstes-jahr-steigen-ld.10019559"
  },
  "original_language": "de",
  "account": "Swiss workers can expect higher real wages in 2027 according to a KOF survey, depending on future inflation. The war in Iran is driving up oil prices, and US tariffs affect Swiss businesses. Despite these challenges, Swiss companies are surprisingly resilient, with the industry showing the most significant wage increases. The KOF survey, which polled around 3500 private-sector firms, predicts an average wage rise of 1.2% in 2027. Inflation will take a bite out of this wage growth, but workers will still see a real wage increase of over 0.7%. This is a solid figure, as Switzerland's real wage growth has been lackluster in recent years, averaging just 0.2% per year between 2014 and 2023. The survey suggests a surprisingly optimistic outlook, but companies expect higher inflation than the KOF's 0.5% projection. If this were to happen, workers would see no real wage increase. However, past experience shows that companies often overestimate inflation. On a brighter note, nominal wage increases have been declining over the past years, with only a small percentage of firms expecting a rise of more than 2%. This downward trend is due to falling consumer prices and a shrinking labor market. The construction industry is set to lead with a nominal wage increase of 2%, while sectors like banking, chemistry, and pharmaceuticals are expecting smaller increases, due to factors like job cuts, AI adoption, and competition from the US.",
  "summary": "Laut einer Umfrage der KOF können die Beschäftigten 2027 mit höheren Reallöhnen rechnen. Ob es tatsächlich so kommt, hängt von der künftigen Inflation ab. Ein Vergleich zeigt, in welchen Branchen die Gehälter am stärksten klettern.",
  "key_points": [
    "Swiss workers' real wages to rise 1.2% in 2027, despite war and inflation",
    "KOF survey of 3,500 firms predicts wage growth, but companies expect higher inflation",
    "Construction sector to lead with 2% nominal wage increase, other sectors smaller"
  ],
  "editors_take": "The expected 0.7% real wage increase in 2027 marks a modest but significant improvement in Switzerland's sluggish wage growth trend of recent years, benefiting workers across various industries.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}