Hourly wages of Italian employees remained unchanged in February, after rising modestly in the previous month, data released by statistical office Istat showed Friday.
The index of wages, according to collective agreements per hour, remained unchanged from the previous month in February, following a revised 0.8 percent increase in January.
Wages according to collective agreements per employee also remained unchanged from the previous month in February, after moving up 0.7 percent in January.
On an annual basis, the growth in hourly wages held steady at 1.4 percent for the third consecutive month during the month.
The statistical office today said Italy's annual inflation accelerated unexpectedly to a five-month high of 3.8 percent in March from 3.4 percent in February.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.