Contractual wages and salaries

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 May 2013 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 47.7 per cent in terms of employees and 46.3 per cent in terms of the total amount of wages.

In May 2013 compared to the previous month, the hourly wage index was unchanged, while the per employee index increased by 0.1 per cent. Compared with May 2012 the hourly wage index increased by 1.4, while the per employee index rose by 1.5 per cent. During the period January- May 2013 both indices increased by 1.4 compared to the same period of the previous year.