The Wage Cost Index, without any correction (seasonal or correction for the number of working days), decreased by 2.9% in the whole economy, except for the primary sector and household activities, in the third quarter of this year compared to the corresponding index for the third quarter of 2023, compared to an increase of 7.3% in the corresponding comparison in 2023 to 2022.

According to ELSTAT data, the Wage Cost Index for the third quarter of 2024, seasonally adjusted but without correction for the number of working days, compared to the corresponding Index for the third quarter of 2023, shows a decrease of 1.7% compared to an increase of 7.5% in the corresponding comparison of 2023 to 2022.

While the Wage Cost Index for Q3 2024, corrected for the number of working days but without seasonal correction, compared to the corresponding Index for Q3 2023, shows a decrease of 2.8% compared to an increase of 6.9% in the corresponding comparison of the year 2023 to 2022.