Wages in Ireland increased by 4.7% in the year to October, according to new figures

Analysis by Indeed and the Central Bank indicate that wage growth ‘accelerated sharply’ in the first half of the year.

Image: Alamy Stock Photo WAGES IN IRELAND have increased by an average of 4.7% in the year to October, according to figures released by the Central Bank.

The figures are based on millions of job postings on Indeed, to create a new monthly wage growth tracker. They found that the wages of job adverts posted online “accelerated sharply” in the first half of 2022 before easing slightly in the third quarter. This growth took place as businesses resumed full trading after the most severe part of the Covid-19 pandemic to date.

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