(Finance) – In the third quarter of 2022, contractual wages show a still moderate trend increase, although more sustained than that recorded in the previous quarter, the trend – explains Istat – was more lively in the sectors of agriculture, industry and public administration, due to the effect, in the latter sector, of the application of the first renewals of the three-year period 2019-2021. In the services sector, the more contained increase is linked to the persistence of delays in the renewals of the main contracts in the sector.
In average for the first nine months of the year, the gap between price dynamics – measured by the HICP – and that of contractual wages is 6.6 percentage points.
At the end of September 2022, the 44 national collective agreements in force concern 49.3% of employees – approximately 6.1 million – and correspond to 50.0% of the total salary.
During third quarter 2022, 6 contracts were received in the private sector (extraction of solid minerals, chemicals, bricks and concrete products, electricity, private radio and television and energy and oil), while for the public sector, the implementation of the fire brigade renewal agreements for the three-year period 2019-2021 is to be noted non-executive and non-executive firefighters and directors. In the same period, the national collective labor agreement for motorway companies and consortia expired.
THE contracts pending renewal at the end of September 2022 they drop to 29 and involve approximately 6.3 million employees, 50.7% of the total.
The average renewal waiting time increases both for workers with an expired contract – which went from 28.7 months in September 2021 to 33.9 months in September 2022 – and for total employees, from 15.2 to 17.2 months.
In the period January-September 2022, average hourly wages increased by 1%a more consistent increase than that recorded for the same period in 2021 (equal to 0.6%).
The index of contractual hourly wages in September 2022 it remained unchanged compared to the previous month, while it increased by 1.1% compared to September 2021.
The tendential increase in contractual wages was 1.5% for industrial employees, 0.6% for private services and 1.5% for public administration workers.
In particular, the highest trend increases are those of ministries (+ 9.3%), private pharmacies (+ 3.9%) and Military-Defense (+ 3.8%). On the other hand, the increase was nil for trade, credit and insurance, energy and oil and electricity and gas.