• Italian wage inflation little changed

Market news

21 December 2016

Italian wage inflation little changed

The index of wages according to collective labour agreements measures the evolution of wages and salaries (per employee or per hour) determined by contractual provisions set by collective agreements; the indices are calculated with reference to the fixed employment structure of the base period (December 2010).

At the end of November 2016 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 32.0 per cent in terms of employees and 30.9 per cent in terms of the total amount of wages.

In November 2016 the hourly index increased by 0.1 per cent while the per employee rose by 0.2 per cent from last month.

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