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 February 2014 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 38.0 per cent in terms of employees and 37.2 per cent in terms of the total amount of wages.

In February 2014 compared to the previous month, the hourly index increased by 0.1 per cent while the per employee index was unchanged. Compared with February 2013 both indices increased by 1.4 per cent. During the period January- February 2014 both indices rose by 1.4 per cent compared to the same period of the previous year.