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2024-01-31T11:09:04.452Z
Highlights: Wages grew 3.1% year-on-year in 2023, according to Istat. The marked deceleration in inflation during 2023 has reduced the distance between the price dynamics (HIPC), at +5.9%, and contractual wages to around three percentage points, less than the half of that observed in 2022. The average wage grew by 3.2% compared to the previous year, Istat said on Monday. The inflation rate for the whole of 2023 was 2.9%.
On average in 2023, the hourly contractual wage index grew by 3.1% compared to the previous year. (HANDLE)
On average in 2023, the hourly contractual wage index grew by 3.1% compared to the previous year.
This was communicated by Istat, underlining that the marked deceleration in inflation during 2023 has reduced the distance between the price dynamics (HIPC), at +5.9%, and contractual wages to around three percentage points, less than the half of that observed in 2022.
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