According to ELSTAT, the Index of Wages Cost for the 1st quarter 2022, seasonally adjusted but not adjusted for the
number of working days, recorded a decrease of 1.9%, compared with the corresponding index of
the 1st quarter of 2021, while an increase of 5.8% wasrecorded when comparing the corresponding
index of 2021 with that of 2020.
The Index of Wages Cost for the 1st quarter 2022, adjusted for the number of working days but not
seasonally adjusted, recorded a decrease of 1.8% compared with the corresponding index of the
1st quarter of 2021, while an increase of 6.5% was recorded when comparing the corresponding
index of 2021 with that of 2020.
