Hourly wages fall 0.5% in Italy (2)

Hourly wages in Italy fell 0.5% in the first quarter of 2016 on the same period in 2015, Eurostat said Friday, adding that wages in the EU went up by a yearly 1.7%. Italy was the only large country showing a fall. Italy is also bucking the trend for overall labour costs, showing a 1.5% Q1 fall while Europe showed, again, a 1.7% rise. Non-salary costs fell the most sharply, by 3.9%. also thanks to tax breaks for new hires.
   

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