The strikes in various companies in Europe show the desire of workers whose purchasing power has decreased, to increase their wages.
It is predicted that these strikes and wage inflation will put more strain on European companies, which are currently struggling with situations such as the energy crisis and inflation, and these wage demands will harm the profitability of the companies.
It is observed that wages in Europe increased by 4.1% in the second quarter compared to the previous year. Prices in the euro area, on the other hand, rose 10.7% in October, reaching an all-time high.
Another factor that was predicted to affect inflation was that Germany increased the minimum wage by 22%.
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