The Index of Agreed Minimum Wages 16 (base: 2016 annual average = 100) measures the minimum wage trend in Austria. The index is a key evaluation criterion for wage and salary negotiations and, in conjunction with other indices relating to wage and price trends, represents an important and extremely up-to-date economic indicator.
In October 2021 the index reached a value of 111,8 (provisional figure), the same level than the previous month. The rate of increase compared with Ocktober 2020 was 1.6%.
In 2020 the annual average of the Index of Agreed Minimum Wages 16 amounted
In general, minimum wages were
In the last few months the Index of Agreed Minimum Wages 16 has been revised increasingly, as collective agreement negotiations - with retroactive effect - are concluded or sent to us with a delay due to Corona.
|Results (overview): Index of Agreed Minimum Wages|
|Index of Agreed Minimum Wages - Main Index and Selected Index Groups|
© STATISTICS AUSTRIA, Last Changed 15.11.2021