France monthly base wage index: all non-agri sectors
France monthly base wage index: all non-agri sectors stood at 122.8 in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Wages and labour cost table (Value · Quarterly), with a complete series running from Q2 2017 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Wages and labour cost table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wages | |||||||||||
| Monthly base wage index - All non-agricultural sectors - NAF rev. 2 ENS) - Base 100 in Q2 of 2017 | 122.8 | 121.9 | 121 | 120.7 | 120.4 | 119.8 | 118.9 | 118.4 | 118 | 117.3 | |
| Monthly base wage index - Manufacture of other industrial products (NAF rev. 2, level A17 C5) - Base 100 in Q2 of 2017 | 124 | 123.1 | 122 | 121.9 | 121.6 | 120.9 | 119.8 | 119.4 | 119 | 118 |
Understanding france monthly base wage index: all non-agri sectors
This indicator captures the monthly base wage index across the entirety of non-agricultural business sectors as classified by national industrial nomenclature standards. It isolates pure pay rates by holding employee working hours and job structures constant, entirely excluding overtime compensation, performance bonuses, profit-sharing schemes, and irregular allowances. By aggregating every qualifying market branch, the index serves as a broad benchmark that contrasts with narrower industrial or occupational sub-indices found elsewhere in the table, reflecting overarching macroeconomic salary dynamics rather than isolated industry shocks.
Interpreting the figures requires attention to institutional wage-setting schedules, as revisions to collective bargaining agreements frequently manifest with administrative lags. Analysts should prioritize four-quarter percentage comparisons to smooth recurring seasonal dynamics, such as mid-year bonus adjustments or end-of-year lump-sum payouts that temporarily distort period-on-period measures. Historical comparisons against consumer price metrics demand caution, because base wage indices measure gross contractual pay scales rather than real household purchasing power or net disposable income after statutory social contributions.
Frequently asked questions
- What exact components are excluded from this aggregate wage index?
- Overtime hours, individual performance bonuses, profit-sharing distributions, and irregular fringe benefits are entirely left out to isolate baseline salary shifts.
- Why is the all non-agricultural sectors index preferred over specific branch metrics?
- It provides a wide-angle macroeconomic gauge of baseline labour remuneration without the idiosyncratic volatility found in individual industrial classifications.
- How do collective bargaining agreements influence quarterly index readings?
- Scheduled industry negotiations often trigger retroactive pay scales that cause step-changes in the index upon administrative validation.