Employee optimism about wage growth is waning in the Baltic States, according to Citadele Bank’s Purchasing Barometer survey in August 2025, BNS reports. The survey showed that 15% of Lithuanian workers expect a pay rise in the next three months, compared to 12% in Latvia and just 6% in Estonia. Meanwhile, 10% of workers in Estonia, 8% in Latvia, and 6% in Lithuania expect to see their wages cut. Edward Rebane, head of Baltic retail banking at Citadele, noted that there were increasing signs that the Baltic labour market was cooling in terms of wage growth. He noted that there was less pressure to raise wages now that inflation was largely under control. Norstat interviewed 1,000 respondents in the Baltic States for the survey.
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