Wages in Italy increased 0.60 percent in November of 2021 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Wage Growth in Italy averaged 3.77 percent from 1983 until 2021, 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 January of 2022.

Wage Growth in Italy is expected to be 1.10 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 1.40 percent in 2022 and 1.60 percent in 2023, 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 YoY Dec 0.4% 0.4% 0.5%
2017-01-27 10:00 AM Wage Inflation MoM Dec 0.0% 0.0% 0.1%

Related Last Previous Unit Reference
Unemployment Rate 9.20 9.40 percent Nov/21
Unemployed Persons 2338.12 2380.99 Thousand Nov/21
Employed Persons 23058.76 22994.58 Thousand Nov/21
Full Time Employment 143060.67 142891.60 Hundreds Person Dec/20
Part Time Employment 35061.53 34901.68 Hundreds Person Dec/20
Employment Rate 58.60 58.50 percent Oct/21
Labor Force Participation Rate 65.00 64.90 percent Nov/21
Youth Unemployment Rate 28.00 28.20 percent Nov/21
Labour Costs 112.20 113.80 points Sep/21
Productivity 104.90 104.60 points Dec/17
Wages in Manufacturing 104.60 104.60 points Nov/21
Wage Growth 0.60 0.60 percent Nov/21
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.