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Quilla NewsFinance & Technology
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Construction and industry lead IPC-linked wage reviews and push up new-build costs

FinanceInternationalmerca2.es15 s readAI summary
Image: merca2.es

According to idealista, 71.9% of construction workers and 70.2% of industry workers covered by collective agreements have a wage review clause tied to the CPI, compared with 25% in services. This indexation means construction and industry wages hold up better against the CPI and raises labour costs for new builds, affecting developer margins.

Read the full story at merca2.es

IASummary generated by artificial intelligence from a story by merca2.es. It may contain errors: the original source prevails.

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