With inflation at a gallop,
wages are stuck
and a first recovery of purchasing power will only take place "starting from 2024".
This is what is underlined in an in-depth study of the Update to the Def approved this week by the Council of Ministers.
Nadef expects wages for the private sector to rise by 1.8% this year, 2.9% in 2023 and 2.5% in 2024.
The inflation measure index used as a basis for contract renewals, published by Istat in June and which could be revised upwards, is instead set at 4.7% this year, at 2.6% for 2023. and 1.7% for 2024.
