Hourly wages in Italy rose 3.5% year-on-year in February after rising 4.3% in January, statistical office ISTAT said Tuesday. On a monthly basis, wages rose 0.3%, slower than 0.8% growth recorded in the previous month. Economists had forecast an annual 3.3% rise and a monthly increase of 0.2%.

Wages according to collective agreements per employee rose 3.5% year-on-year and 0.4% on a monthly basis.

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