Istat, with rising inflation, attention to wages, recovery has stopped
The president of Istat Francesco Maria Chelli warns: wage growth of 2.5% in 2026 against inflation of 3.0%
Quick Look
- The president of Istat Francesco Maria Chelli reports the halt in the recovery of nominal wages from inflation.
- In 2026, against a contractual wage growth estimated at 2.5%, acquired inflation stands at 3.0%.
AI-generated summary
Why It Matters
Istat constantly monitors the relationship between contractual wages and inflation dynamics to evaluate the purchasing power of Italian families.
"The current phase of rising inflation requires particular attention on the salary dynamics front." This was highlighted by the president of Istat Francesco Maria Chelli in the hearing on the DPFP, highlighting that "in the second quarter of the year the recovery phase of nominal wages compared to price growth - uninterrupted from the fourth quarter of 2023 to the first quarter of 2026 - stopped".
"On the basis of the renewals signed up to the end of August and in the hypothesis that there are no further renewals between September and December - he explains -, on average in 2026 the growth in contractual wages for the total economy would be equal to 2.5%. On the basis of the provisional data relating to the month of September the acquired inflation (HIPC) for 2026 would be equal to 3.0%".
Open Questions
- What measures will the government take to counteract the decline in purchasing power?
