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 October 2016 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 32.1 per cent in terms of employees and 31.0 per cent in terms of the total amount of wages.
In October 2016 the hourly index increased by 0.1 per cent while the per employee was unchanged from last month.
Compared with October 2015 the hourly index increased by 0.6 per cent while the per employee rose by 0.5 per cent.
During the period January-October 2016 the hourly index increased by 0.7 per cent and the per employee index rose by 0.6 per cent compared to the same period of the previous year.