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 March 2017 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 55.2 per cent in terms of employees and 52.7 per cent in terms of the total amount of wages.
In March 2017 the hourly index and the per employee index increased by 0.1 per cent from last month.
Compared with March 2016 the hourly index increased by 0.4 per cent while the per employee rose by 0.5 per cent.
During the period January-March 2017 both indices increased by 0.4 per cent compared to the same period of the previous year.