The Index of Agreed Minimum Wages 06 (basis: 2006 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, an important and extremely up-to-date economic indicator.
In December 2011, the index reached a value of 113.6 (provisional figure), there was no change compared the previous month. The rate of increase compared with December 2010 was 2.2%.
In 2011, the annual average of the Index of Agreed Minimum Wages 06 amounted
to 113.6.
In general, minimum wages were 2.0 per cent higher than in the previous
year
More detailed information on the Index of Agreed Minimum Wages 06 may be found in the standard documentation (available in German only; PDF, 557KB).
The Index of Agreed Minimum Wages 86 has been replaced by the Index of Agreed Minimum Wages 06 (basis 2006 = 100) since the January 2008 reporting month.
Please consult our Statistical overviews or our German website for tables and charts containing further information.
| Results (overview): Index of Agreed Minimum Wages | |||
|---|---|---|---|
| Index of Agreed Minimum Wages - Main Index and Selected Index Groups |