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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