The index of wages according to the national collective bargaining agreement 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 2015).
At the end of March 2019 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 47.6% in terms of employees and 47.2% in terms of the total amount of wages.
In March 2019 the hourly index was unchanged and the per employee index increased by 0.1% from last month.
Compared with March 2018 the hourly index increased by 1.4% while the per employee index rose by 1.5%.
In the period January-March 2019 both indices increased by 1.6% compared to 2018.