In April, hourly contractual wages grew by 0,2% month-on-month and 1,2% year-on-year, reports Istat, while in March wages remained unchanged in quarterly terms and rose by 1% year-on-year. same period of 2014.
In April, the Nic consumer price index rose by 0,2% on a quarterly basis and fell by 0,1% on the year. Overall, in the first four months of 2015 the average hourly wage increased by 1,1% compared to the corresponding period of 2014.
Istat points out that in April, with reference to the main macro-sectors, hourly contractual wages recorded a trend increase of 1,6% for employees in the private sector and a zero change for those in the public administration.
The sectors that show the greatest trend increases in April are energy and oil (3%), rubber, plastics and non-metallic mineral processing (2,8%) and engineering (2,7%). At the end of April, the share of employees awaiting contract renewal was 41,8% in the total economy and 24,8% in the private sector.