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Wages rose 3.1% in 2023 says Istat - Business

2024-01-31T13:18:59.206Z

Highlights: Wages rose 3.1% in 2023 says Istat - Business. The marked deceleration of inflation during 2023 reduced the distance between price dynamics, at +5.9%, and contractual wages to about three percentage points. In the average of 2023, the hourly contractual wage index increased by 3. 1% year-on-year. ALL RIGHTS RESERVED © Copyright ANSA. All rights reserved. For confidential support call the Samaritans in the UK on 08457 90 90 90, visit a local Samaritans branch or click here.


Italian hourly wages rose 3.1% last year, Istat reported Wednesday. The marked deceleration of inflation during 2023 reduced the distance between price dynamics, at +5. (HANDLE)


Italian hourly wages rose 3.1% last year, Istat reported Wednesday.


   The marked deceleration of inflation during 2023 reduced the distance between price dynamics, at +5.9%, and contractual wages to about three percentage points, less than half of that observed in 2022, the stats agency said.


   In the average of 2023, the hourly contractual wage index increased by 3.1% year-on-year.


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Source: ansa

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