Tarif-Plus: What’s in it for YOUR industry | money

Fat wage plus for the steel workers: After weeks of wrangling, IG Metall has agreed with the employers on a wage premium of 6.5 percent, plus a one-off payment of 500 euros.

ING chief economist Carsten Brzeski believes that this will rub off on other industries: “In the coming months we will see further deals between 4 and 6 percent”.

Read the industry check with BILDplus: Who can expect a big tariff plus to alleviate the expensive shock?