Fresh cost hikes looming large for wood and furniture companies

IG Metall enters negotiations seeking 8.5% hike / Road toll to almost double

The wood and furniture industry’s material expenses have been falling in recent months, but personnel costs look set to rise again in the coming year. The trade union IG Metall plans to seek an 8.5% rise in wages and salaries, an inflation compensation bonus and additional regional arrangements in collective bargain...

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