Collective Bargaining Highlights--December 2007
Wage Trends - Last Three Years
Average Annual Increase in Base Wage Rates
| Sector and Inflation | Quarters (based on calendar year) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
I
2005 |
II
|
III | IV |
I |
II | III | IV | I 2007 |
II | III | IV | ||
| Inflation |
2.0
|
1.9
|
2.6
|
2.2
|
2.4
|
2.5 | 1.2 | 0.9 | 1.3 | 1.8 | 2.0 | 2.3 | |
| Public Sector |
2.7
|
2.6
|
2.9
|
3.0
|
2.9
|
3.1 | 2.8 | 3.3 | 3.0 | 3.2 | 3.4 | 2.9 | |
| Private Sector |
2.2
|
2.5
|
2.7
|
2.2
|
2.0
|
2.3 | 2.6 | 1.3 | 2.6 | 3.0 | 3.4 | 2.0 | |
| All Settlements |
2.6
|
2.6
|
2.9
|
2.7
|
2.6
|
2.9 | 2.8 | 1.7 | 2.9 | 3.1 | 3.4 | 2.7 | |
