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Press release

Gross wages and labour cost

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Since the first quarter 2009 the gross wages and labour cost indicators are calculated with reference to the base year 2005 using the new Ateco 2007 classification (Italian edition of Nace Rev. 2).

In the second quarter 2012 the seasonally adjusted index of gross wages per full time equivalent (fte) increased by 0.3% compared to the previous quarter (+0.3% in industry and +0.2% in services). The unadjusted index rose by 0.8% compared to the second quarter 2011 (+1.1% in industry and +0.5% in services).

Note. The text “The unadjusted index rose by 0.8% compared to the first quarter 2012” has been replaced at 4.00 p.m. with “The unadjusted index rose by 0.8% compared to the second quarter 2011”.

Reference period: II quarter 2012

Date of Issue: 13 September 2012

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