German industrial workers to get pay raises in 2-year deal

AP :
Germany’s biggest industrial union agreed with employers Friday on a pay deal that will see millions of workers get raises totaling 8.5% over two years as well as one-time payments meant to cushion the effect of sky-high inflation.
The IG Metall union and employers reached a compromise in the southwestern state of Baden-Wuerttemberg, a key industrial region. In Germany, wage deals are typically hammered out in negotiations between employers’ organizations and unions that cover a whole sector and an agreement reached in one region is generally applied nationwide.
IG Metall negotiates for workers in the auto and machinery industries among others, representing a total of more than 3.8 million workers.
The union initially demanded an 8% pay increase and a one-year deal.