Wages in Italy increased 2.50 percent in April of 2023 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Wage Growth in Italy averaged 3.69 percent from 1983 until 2023, 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 June of 2023.

Wage Growth in Italy is expected to be 2.00 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 7.90 percent Apr 2023
Employed Persons 23446.31 23349.11 Thousand Apr 2023
Unemployed Persons 1986.49 1979.64 Thousand Apr 2023
Part Time Employment 3505.00 3489.00 thousand Dec 2022
Full Time Employment 14798.00 14678.00 Thousand Dec 2022
Employment Rate 60.90 60.80 percent Mar 2023
Labor Force Participation Rate 66.20 66.20 percent Mar 2023
Youth Unemployment Rate 22.30 22.40 percent Mar 2023
Productivity 110.70 107.50 points Mar 2023
Labour Costs 110.70 107.50 points Mar 2023
Wages in Manufacturing 107.20 107.00 points Apr 2023
Wage Growth 2.50 2.20 percent Apr 2023

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
2.50 2.20 15.80 0.30 1983 - 2023 percent Monthly
2010=100; NSA