Wages in Italy increased 1.50 percent in November of 2022 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Wage Growth in Italy averaged 3.70 percent from 1983 until 2022, 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. This page provides the latest reported value for - Italy Hourly Wage Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Hourly Wage Inflation YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Wage Growth in Italy is expected to be 1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Hourly Wage Inflation YoY is projected to trend around 1.50 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

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Italy Hourly Wage Inflation YoY

Calendar GMT Actual Previous Consensus TEForecast
2017-01-27 10:00 AM Wage Inflation MoM Dec 0.0% 0.0% 0.1%
2017-01-27 10:00 AM Wage Inflation YoY Dec 0.4% 0.4% 0.5%

Related Last Previous Unit Reference
Unemployment Rate 7.80 7.80 percent Dec 2022
Employed Persons 23214.65 23178.02 Thousand Dec 2022
Unemployed Persons 1960.32 1958.27 Thousand Dec 2022
Part Time Employment 3489.00 3534.00 thousand Sep 2022
Full Time Employment 14678.00 14711.00 Thousand Sep 2022
Employment Rate 60.50 60.20 percent Oct 2022
Labor Force Participation Rate 65.70 65.60 percent Dec 2022
Youth Unemployment Rate 22.10 22.60 percent Dec 2022
Labour Costs 105.20 113.10 points Sep 2022
Productivity 104.90 104.60 points Dec 2017
Wage Growth 1.50 1.30 percent Nov 2022
Wages in Manufacturing 106.40 106.40 points Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.30 15.80 0.30 1983 - 2022 percent Monthly
2010=100; NSA