Wages in Italy increased 0.60 percent in November of 2019 over the same month in the previous year. Wage Growth in Italy averaged 3.95 percent from 1983 until 2019, reaching an all time high of 15.80 percent in July of 1983 and a record low of 0.30 percent in February of 2017. source: National Institute of Statistics (ISTAT)

Wage Growth in Italy is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Italy to stand at 1.50 in 12 months time. In the long-term, the Italy Hourly Wage Inflation YoY is projected to trend around 1.80 percent in 2020, according to our econometric models.

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Italy Hourly Wage Inflation YoY

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.60 15.80 0.30 1983 - 2019 percent Monthly
2010=100; NSA

Italy Hourly Wage Inflation YoY
In Italy, wage growth refers to yearly changes in the hourly wage index. It shows the evolution of contractual hourly wages and salaries, set by collective labour agreements.

Italy Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.70 9.70 13.10 5.80 percent [+]
Employed Persons 23486.34 23445.73 23486.34 22107.24 Thousand [+]
Unemployed Persons 2534.53 2522.27 3346.81 1409.55 Thousand [+]
Part Time Employment 36964.59 37211.83 37211.83 19609.13 Hundreds Person [+]
Full Time Employment 144862.02 144587.23 148487.11 132977.43 Hundreds Person [+]
Employment Rate 59.40 59.30 59.40 55.30 percent [+]
Labor Force Participation Rate 66.00 65.80 66.00 61.60 percent [+]
Long Term Unemployment Rate 5.60 6.00 8.00 2.60 percent [+]
Youth Unemployment Rate 28.60 28.20 43.50 19.40 percent [+]
Labour Costs 110.70 111.90 111.90 44.50 points [+]
Productivity 104.90 104.60 108.50 24.50 points [+]
Wages 2467.00 2436.00 2467.00 1176.00 EUR/Month [+]
Wages in Manufacturing 102.80 102.80 113.70 2.20 points [+]
Wage Growth 0.60 0.60 15.80 0.30 percent [+]
Population 60.48 60.59 60.80 50.03 Million [+]
Retirement Age Women 67.00 66.58 67.00 59.00 [+]
Retirement Age Men 67.00 66.58 67.00 59.00 [+]
Living Wage Family 1440.00 1460.00 1460.00 1320.00 EUR/Month [+]
Living Wage Individual 935.00 950.00 950.00 825.00 EUR/Month [+]
Employment Change 0.10 0.30 1.30 -0.90 percent [+]
Wages Low Skilled 1130.00 1330.00 1390.00 1130.00 EUR/Month [+]
Wages High Skilled 2340.00 2500.00 2650.00 2340.00 EUR/Month [+]