Thursday, January 29, 2015

Istat: January encourages Italians despite lower wages – Italy 24 News

Istat: January encourages Italians despite lower wages – Italy 24 News

Valeria Cooks – January 29, 2015 14:44

consumption The first month of 2015 is encouraging result for Italian people who pleaded more optimistic ; index consumer confidence , in fact, exceeds the threshold percent (from 99.9 to 104.0) and is the highest of six months, as detected by ‘ Istat . Is that better for business (91.6 from 87.6), which together mark the highest level since September 2011, also driven by the service.

increase in January also negotiated wages even if it is the lowest since 1982. The change in hourly wages on average in 2014 rose only 1.3%. The figure weighs the sector of Public Administration , where contracts are blocked from 2010 and will also throughout 2015. The only comfort comes from prices , which rose still less than earnings (+ 0.2% in 2014), with a positive impact on purchasing power.

According to the Institute of Statistics “ increased significantly above average” are found in the wages of those who work in the fields of telecommunications (3.5%) of working rubber or plastics (2.9%), while growth rates close to zero are found in the building ( 0.5%) and transport (0.6%). Nothing moves instead for public employment. In December, it also lengthens the average wait to see each other to renew the contract, which expired workers must wait before seeing him ‘updated’, 37.3 months, or more than three years (32.2 in December of 2013).

There are about 7.1 million employees in the queue for renewal of contract , a matter on which weighs blocking state (2.9 million workers). Those working under an expired contract are therefore the majority, 55.5%. Renewals are most relevant to the number of workers involved are those of the compartments housing (over 600 thousand employees), agriculture (over 300 thousand) and textiles, (about 250 thousand).

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