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According to the JobPricing Observatory's latest Geography Index, which examines private sector employee wages at the regional and provincial levels, Reggio Calabria, Campobasso, and Potenza are the only regions where price and wage increases have coincided over the past decade, thereby safeguarding purchasing power. From Como (fourth in the ranking) onward, all other Italians have been compelled to reduce their lifestyles, unless they resort to savings or alternative sources of income to offset the price increases. However, wages have been rising significantly (an unusual trend in Italy): +3.1% in 2024, up from +2% and +3.3% in the previous two years. But after six to seven years of stagnation, the spike in prices left no room on the ten-year horizon. Between 2015 and 2024, the average gap between the two figures in Italy was negative by 11.3 percentage points, affecting incomes. And the trend appears to be continuing: among the 40 major provinces, Bolzano has experienced the greatest loss (-20.4% of buying power), followed by Verona and Genoa at roughly -17 %.
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