French hourly wages increased 0.5% QoQ and 2.1% YoY in Q4 2024, down from 2.8% YoY in Q3 2024.

• Hourly labor costs were up 0.3% QoQ and 2.5% YoY, a strong easing from 3.2% YoY.
• Industry labor costs grew 1.1% QoQ, and services labor costs edged up 0.1% QoQ.
• In 2024, hourly wages were up 2.7%, easing from 4.2% wage growth in 2023.