Contractual wages and salaries

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 2021 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 21.5% in terms of employees and 22.3% in terms of the total amount of wages.

In March 2021 the hourly index was unchanged and the per employee index grew by 0.1% from last month.

Compared with March 2020 both indices rose by 0.6%.

In the period January-March 2021 the hourly and the per employee indices respectively increased by 0.7% and 0.6%.