Contractual wages and salaries

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 2005).

At the end of August 2012 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 71.0 per cent in terms of employees and 67.5 per cent in terms of the total amount of wages.

In August 2012, compared to the previous month, the per hour index increased by 0.1 per cent while the per employee index was unchanged.

Compared with August 2011, both the hourly wage index and the per employee index increased by 1.6 per cent. During the period January-August 2012, both the hourly wage index and the per employee index increased by 1.4 per cent compared to the same period of the previous year.