The wage index for the 3rd quarter of 2007 is 121.8 points, 1.3% higher than in the previous quarter. The wage index for the private sector has increased by 1.5% during the same period. The quarterly increase of the wage index for the public sector was 1.0%.
The wage index has risen by 8.8% from the 3rd quarter of 2006. The annual increase of the wage index for the private market was 9.4% and for the public sector 7.4%.
Wage index in the private sector by occupational group
Wage increases in the private sector ranged from 0.9% for craft workers to 1.9% for clerks and professionals since the previous quarter. Annual increases ranged from 7.7% for craft workers to 12.2% for clerks.
Wage index in the private sector by economic activity
Since the previous quarter, regular wages have risen by 2.4% in the economic activity of Financial intermediation (J), while the increase was 1.1% in Manufacturing (D). The annual increase of the wage index ranged from 7.4% in the economic activity of Manufacturing (D) to 15.5% in the economic activity of Financial intermediation (J).
| Wage index for the private and the public sector 2006-2007 | |||||||||
| Average | Total | Private sector | Public sector | ||||||
| 2005=100 | Wage index | Change from previous quarter, % | Change from previous year, % | Wage index | Change from previous quarter, % | Change from previous year, % | Wage index | Change from previous quarter, % | Change from previous year, % |
| 2006 | |||||||||
| 1st quarter | 106.8 | 4.2 | 9.7 | 106.7 | 4.1 | 9.3 | 107.2 | 4.5 | 10.6 |
| 2nd quarter | 108.7 | 1.7 | 9.4 | 108.2 | 1.4 | 8.9 | 109.8 | 2.4 | 10.6 |
| 3rd quarter | 112.0 | 3.0 | 11.0 | 112.1 | 3.6 | 11.4 | 111.6 | 1.7 | 10.1 |
| 4th quarter | 114.0 | 1.8 | 11.2 | 114.3 | 1.9 | 11.5 | 113.2 | 1.4 | 10.3 |
| Average | 110.3 | . | 10.3 | 110.3 | . | 10.3 | 110.4 | . | 10.4 |
| 2007 | |||||||||
| 1st quarter | 118.6 | 4.1 | 11.0 | 119.1 | 4.2 | 11.7 | 117.4 | 3.7 | 9.5 |
| 2nd quarter | 120.2 | 1.4 | 10.6 | 120.9 | 1.5 | 11.7 | 118.6 | 1.1 | 8.1 |
| 3rd quarter | 121.8 | 1.3 | 8.8 | 122.6 | 1.5 | 9.4 | 119.9 | 1.0 | 7.4 |