In 2023, wages and salaries in the wholesale, retail trade, and repair of motor vehicles and motorcycles sector in Italy stood at 6.85 billion euros. The forecast shows a steady growth trend from 2024 to 2028, with values increasing from 6.96 billion euros in 2024 to 7.37 billion euros in 2028. The annual growth rate is approximately 1.4% year-on-year, with a five-year compounded annual growth rate (CAGR) of 1.5%.
Future trends to watch for include potential impacts from automation and digital transformation on labor needs and wage levels, as well as fluctuations in the Italian economy and consumer demand which could influence sector growth.
