Is wage indexation a pay rise?

Figures as of September 2026 (STATEC); this page is rebuilt at every monthly release.

No: indexation preserves purchasing power, it does not increase it. Between two tranches, prices rise while wages stay flat; the +2.5% tranche merely catches up with that erosion, in one step.

Since the tranche applied in June 2026, prices have already regained 1.3%: that is purchasing power lost while waiting for the next tranche. A real pay rise is whatever comes on top of the index.

1,058.56Six-month average
1,064.75Trigger threshold
December 2026Median without measures

Open the live tracker →

Related questions
When is the next wage indexation due in Luxembourg?How much does an indexation tranche cost an employer?Why is the next tranche only expected in early 2027?How is the six-month average of the IPCN calculated?