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 December 2019 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 55.4% in terms of employees and 53.4% in terms of the total amount of wages.
In December 2019 the hourly index and the per employee index were unchanged from last month.
Compared with December 2018 the hourly and the per employee indices respectively increased by 0.6% and 0.7%.
In 2019 the annual average the hourly and the per employee indices increased both by 1.1 per cent compared to 2018.