Gross wages and salaries

Indices of wages and salaries: Second quarter 2019

Economic indicators
Indices of wages and salaries: Second quarter 2019

The index of seasonally adjusted wages and salaries in industry amounted to 110.27 in the second quarter of 2019. This represents an increase of 3,0% compared to the second quarter of 2018.

The index of seasonally adjusted wages and salaries in construction amounted to 115.59 in the second quarter of 2019. This represents an increase of 6,0% compared to the second quarter of 2018.

The index of seasonally adjusted wages and salaries in trade and repair amounted to 108.74 in the second quarter of 2019. This represents an increase of 2,7% compared to the second quarter of 2018.

The index of seasonally adjusted wages and salaries in services amounted to 120.45 in the second quarter of 2019. This represents an increase of 4,0% compared to the second quarter of 2018.

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The figures for the second of quarter 2019 are provisional.

What changes from July 2018

From July 2018 on (reference quarter=first quarter 2018), the indices will be published with reference year 2015 = 100.

Purpose and brief description

Wages and salaries are defined as 'the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in return for work done during the accounting period' regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly or not.

Population

Employers NSSO exercising their economic activity in sections NACE Rev 2 C to M (Industry, retail trade and services)

Frequency

Quarterly

Timing publication

Results available 3 months + 15 days after the reference period

Definitions

Indices of Total Wages and Salaries : Wages and salaries are defined as 'the total remuneration, in cash or in kind, payable to all persons counted on the payroll (including homeworkers), in return for work done during the accounting period' regardless of whether it is paid on the basis of working time, output or piecework and whether it is paid regularly or not.

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