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Press release

Contractual wages and salaries

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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 2010).

At the end of February 2013 the coverage rate (share of national collective agreements in force for the wage setting aspects) was 58.4 per cent in terms of employees and 54.6 per cent in terms of the total amount of wages.

In January 2013 compared to the previous month, the hourly wage index increased by 0.5 per cent, while the per employee index increased by 0.4 per cent. Compared with January 2012, both the hourly wage index and the per employee index increased by 1.5 per cent.

In February 2013 both the hourly wage index and the per employee index were unchanged compared to the previous month. Compared with February 2012 both the hourly wage index and the per employee index increased by 1.4 per cent. During the period January-February 2013 both indices increased by 1.4 compared to the same period of the previous year.

Reference period: February 2013

Date of Issue: 09 April 2013

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