Italy Hourly Wage Index  1983-2016 | Data | Chart | Calendar | Forecast

Italy's average hourly wages grew by 0.6 percent in the year to October 2016, the same as in the previous three months, as wages within the private sector rose 0.7 percent while those within the public administration were unchanged. The sectors with the largest increases were: trade (+2 percent); food and tobacco (+1.8 percent); and electricity and gas (+1.4 percent). On a monthly basis, wages rose 0.1 percent after posting three consecutive flat readings. Wages in October continued to run above consumer prices, which fell 0.2 percent from a year earlier. Wage Growth in Italy averaged 4.62 percent from 1983 until 2016, reaching an all time high of 16.00 percent in July of 1983 and a record low of 0.60 percent in April of 2016.

Italy Hourly Wage Index
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-27 09:00 AM Sep 0% 0% 0.1%
2016-11-24 10:00 AM Oct 0.6% 0.6% 0.7%
2016-11-24 10:00 AM Oct 0.1% 0% 0.1%
2016-12-21 09:00 AM Nov 0.6% 0.7%
2016-12-21 09:00 AM Nov 0.1% 0.1%
2017-01-27 09:00 AM Dec




Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.60 11.70 13.10 5.70 percent [+]
Employed Persons 22752.92 22836.34 23182.24 22098.95 Thousand [+]
Unemployed Persons 2989.25 3016.09 3359.18 1379.15 Thousand [+]
Part Time Employment 34549.53 34311.47 34549.53 19609.13 Hundreds Person [+]
Full Time Employment 139145.24 135326.23 148487.11 132977.43 Hundreds Person [+]
Employment Rate 57.46 57.26 58.90 55.30 percent [+]
Labor Force Participation Rate 65.30 64.20 65.30 57.20 percent [+]
Long Term Unemployment Rate 6.80 6.90 8.00 2.60 percent [+]
Youth Unemployment Rate 37.10 38.30 43.60 17.90 percent [+]
Labour Costs 110.69 109.01 110.69 44.50 Index Points [+]
Productivity 110.69 109.01 110.69 24.50 Index Points [+]
Wages 2167.84 2140.98 2167.84 1482.88 EUR/Month [+]
Wage Growth 0.60 0.60 16.00 0.60 percent [+]
Wages in Manufacturing 111.80 111.70 111.80 2.20 Index Points [+]
Population 60.80 60.78 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 0.50 0.40 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 Index 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 Index - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.60 16.00 0.60 1983 - 2016 percent Monthly
2010=100; NSA



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