Investor Presentaiton
Deceleration in nominal wage growth reflects
wage-setting guidelines that reduced indexation
Government's guidelines for 2018 wage negotiations
(Annual increases in nominal wages, in %)
Economic sector's situation:
Year
Laggard
Intermediate
Dynamic
2018
6.5
7.5
8.5
2019
6.0
7.0
8.0
2020
5.0
6.0
7.0
Source: Ministry of Economy and Finance and Ministry of Labour and Social Security
As of September, 23 out of 170 arrangements
have been completed. Of these, 21 followed
Government's Guidelines.
Among these are the Construction and Health
Sector, that toghether account for 21.6% of
aggregate salaries.
Regarding their clasification, 17% were
clasified as Dynamic, 70% as Intermiediate and
13% as part of the Laggard sector.
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