Italy's wage-price gap rose to 7.6
points in 2022, its highest level since 2001, ISTAT said
Tuesday.
In 2022, the intense bargaining season led to the implementation
of 33 collective agreements and the growth in contractual wages
was, on average for the year, +1.1%, said the national
statistics institute.
It said the gap between price dynamics - measured by the
Harmonised Indices of Consumer Prices (HICP) - and that of
contractual wages rose to 7.6 percentage points, reaching the
highest value since 2001, the first year in which the harmonised
price indicator was disseminated at a European level (in the
past, the maximum value had been reached in 2012 and was equal
to 1.8 percentage points).
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