Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Italian wages rise in May

Italian workers’ wages edged up in May.They rose 1.3 percent from the same month last year. That compared with April’s 30-year low of a 1.2 percent rise.Month-on-month salaries were up 0.1 percent in May after being unchanged in the previous two months.With regard to purchasing power, annual wage inflation was still well above the consumer price inflation rate in May, which stood at 0.4 percent based on Italy’s EU-harmonised index.In April Prime Minister Matteo Renzi cut taxes for low-income earners, to try to restart household spending in Italy. The additional money in pay packets – known as ‘Renzi’s 80 euros payroll bonus’, drew both praise and criticism.??with Reuters?

© DailyMotion -

Comment on this article!
To post a comment, we encourage you to become a member of® or log in if you are already a member. You can still post your commentwithout registering, but you will need to fill your personal information each time.

Become a member (free)   |   Log in

Postings are subject to the terms and conditions of®. Before submitting your message , you must read the Terms and conditions of® and agree to them by checking the box below.
Your name:
  I have read and agree to the Terms and conditions of®.
Follow us on ...
Facebook Twitter