According to the provisional result published by STATEC, the annual inflation rate of the national consumer price index (CPI) is 1.5% for the month of July. With this result, the semi-annual average of the index linked to the July 1.1.1948 base exceeds the threshold of 852.63 points, triggering a new indexation.<\/p>\n
The new index of 814.40 points (formerly 794.54 points) comes into effect on 1 August 2018, resulting in a 2.5% increase in wages, salaries and pensions.<\/p>\n
The final and detailed results of the July National Consumer Price Index will be released on August 8, 2018, following the monthly meeting of the Index Commission.<\/p>\n
The provisions governing the system of the sliding scale of wages are defined in Article 3 of the amended law of 25 March 2015 establishing the salary system and the conditions and procedures for the promotion of public servants.<\/p>\n
Source\u00a0: http:\/\/statistiques.public.lu\/fr\/actualites\/economie-finances\/prix\/2018\/07\/20180731\/20180731.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" According to the provisional result published by STATEC, the annual inflation rate of the national consumer price index (CPI) is 1.5% for the month of July. With this result, the semi-annual average of the index linked to the July 1.1.1948 base exceeds the threshold of 852.63 points, triggering a new indexation. The new index of… Read more »<\/a><\/p>\n","protected":false},"author":16,"featured_media":0,"template":"","class_list":["post-10234","publication","type-publication","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/publication\/10234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/publication"}],"about":[{"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/types\/publication"}],"author":[{"embeddable":true,"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/users\/16"}],"version-history":[{"count":0,"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/publication\/10234\/revisions"}],"wp:attachment":[{"href":"https:\/\/fedil.lu\/en\/wp-json\/wp\/v2\/media?parent=10234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}