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 2016 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 49.5 per cent in terms of employees and 47.3 per cent in terms of the total amount of wages.
In December 2016 the hourly index and the per employee index were unchanged from last month.
Compared with December 2015 the hourly index increased by 0.4 per cent while the per employee index rose by 0.3 per cent.
In 2016 the annual average both indices increased by 0.6 per cent compared to 2015.