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 December 2014 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 44.5 per cent in terms of employees and 41.5 per cent in terms of the total amount of wages.
In December 2014 compared to the previous month, the hourly index was unchanged while the per employee index increased by 0.1 per cent. Compared with December 2013 both indices increased by 1.1 per cent.
In 2014 the annual average of the hourly index increased by 1.3 per cent compared to 2013, while the per employee index rose by 1.2 per cent.