Italy Productivity - Forecast

Productivity in Italy is expected to be 108.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Italy to stand at 112.00 in 12 months time. In the long-term, the Italy Productivity is projected to trend around 117.00 Index Points in 2020, according to our econometric models.


Italy Productivity
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Italy Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 10.8 11.1 11 11 10.9 9.5
Employed Persons 23067 23700 24000 24200 24400 26100
Unemployed Persons 2791 2800 2780 2740 2710 2610
Part Time Employment 35826 37600 37900 38200 39000 43000
Full Time Employment 143176 143900 144200 144700 146000 149000
Employment Rate 58.4 57.9 58 58.34 58.4 59
Labor Force Participation Rate 65.41 66 66 66.1 66.2 66.5
Long Term Unemployment Rate 6.2 5.6 5.5 5.4 5.2 4.5
Youth Unemployment Rate 32.7 34 33.8 33.4 33 30
Labour Costs 107 109 110 111 113 117
Productivity 107 108 109 110 112 117
Wages 2426 2475 2475 2475 2475 2580
Wages in Manufacturing 112 113 113 113 114 120
Wage Growth 0.7 0.8 0.9 1 1 1.9
Population 60.59 60.54 60.54 60.54 60.54 60.02
Retirement Age Women 65.58 66.58 66.58 66.58 66.58 67
Retirement Age Men 66.58 66.58 66.58 66.58 66.58 67
Living Wage Family 1370 1450 1450 1450 1450 1650
Living Wage Individual 855 900 900 900 900 1120
Wages Low Skilled 1130 1290 1290 1290 1290 1480
Wages High Skilled 2390 2430 2430 2430 2430 2560
Employment Change 0.4 0.4 0.3 0.4 0.5 0.6