Italy Hourly Wage Inflation YoY  1983-2017 | Data | Chart | Calendar

Italian annual wage inflation stood at 0.4 percent in December 2016, unchanged from November's figure, as wages within the private sector rose 0.5 percent while those within the public administration were unchanged. The sectors with the largest increases were: Food, beverages and tobacco (+1.8 percent) and trade (+1 percent). On a monthly basis, wages were flat. Wages in December ran below consumer prices, which rose by 0.5 percent from a year earlier. In 2016, the average hourly wage grew by 0.6 percent over the previous year easing from a 1.1 percent gain in 2015. Wage Growth in Italy averaged 4.20 percent from 1983 until 2016, reaching an all time high of 15.80 percent in July of 1983 and a record low of 0.40 percent in November of 2016.

Italy Hourly Wage Inflation YoY
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-21 09:00 AM Nov 0.0% 0.1% 0.1%
2017-01-27 10:00 AM Dec 0.4% 0.4% 0.5%
2017-01-27 10:00 AM Dec 0.0% 0.0% 0.1%
2017-04-27 10:00 AM Q1 0.1%
2017-04-27 10:00 AM Q1 0.5%
2017-07-28 08:00 AM Q2




Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.00 12.00 13.10 5.70 percent [+]
Employed Persons 22782.72 22782.15 23180.78 22100.09 Thousand [+]
Unemployed Persons 3103.01 3094.16 3355.00 1378.26 Thousand [+]
Part Time Employment 34633.09 34549.53 34633.09 19609.13 Hundreds Person [+]
Full Time Employment 140348.62 139145.24 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.30 57.30 58.90 55.30 percent [+]
Labor Force Participation Rate 64.80 65.30 65.30 57.20 percent [+]
Long Term Unemployment Rate 6.30 6.80 8.00 2.60 percent [+]
Youth Unemployment Rate 40.10 40.00 43.50 18.20 percent [+]
Labour Costs 106.51 110.69 110.69 44.50 Index Points [+]
Productivity 106.51 110.69 110.69 24.50 Index Points [+]
Wages 2167.84 2140.98 2167.84 1482.88 EUR/Month [+]
Wages in Manufacturing 111.80 111.80 111.80 2.20 Index Points [+]
Wage Growth 0.40 0.40 15.80 0.40 percent [+]
Population 60.67 60.80 60.80 50.03 Million [+]
Retirement Age Women 63.80 62.70 63.80 59.00 [+]
Retirement Age Men 66.30 66.15 66.30 59.00 [+]
Employment Change -0.10 0.50 1.10 -0.90 percent [+]
Wages Low Skilled 1250.00 1240.00 1660.00 1240.00 EUR/Month [+]
Wages High Skilled 2370.00 2360.00 2500.00 2340.00 EUR/Month [+]
Living Wage Family 2130.00 2100.00 2130.00 2100.00 EUR/Month [+]
Living Wage Individual 991.00 991.00 991.00 977.00 EUR/Month [+]



Italy Hourly Wage Inflation YoY Notes

In Italy, wage growth refers to yearly changes in the hourly wage index. It shows the evolution of contractual hourly wages and salaries, set by collective labour agreements. This page provides the latest reported value for - Italy Hourly Wage Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Hourly Wage Inflation YoY - actual data, historical chart and calendar of releases - was last updated on February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.40 15.80 0.40 1983 - 2016 percent Monthly
2010=100; NSA



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