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

Wage Growth in Italy averaged 3.78 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 - values, historical data and charts - was last updated on November of 2021.

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.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Italy Hourly Wage Inflation YoY

Related Last Previous Unit Reference
Unemployment Rate 9.20 9.30 percent Sep/21
Employed Persons 22859.73 22783.21 Thousand Sep/21
Unemployed Persons 2292.56 2327.02 Thousand Sep/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 58.10 58.30 percent Aug/21
Labor Force Participation Rate 64.20 64.40 percent Aug/21
Youth Unemployment Rate 29.80 28.00 percent Sep/21
Labour Costs 113.80 113.10 points Jun/21
Productivity 104.90 104.60 points Dec/17
Wages in Manufacturing 104.60 104.60 points Oct/21
Wage Growth 0.60 0.70 percent Oct/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.