The forecast for wages and salaries in the accommodation and food services sector in Italy shows a steady increase from 2024 to 2028. In 2024, the value stands at 28.59 billion euros, rising to 30.91 billion euros by 2028. From 2023 to 2024, the sector experiences growth, indicative of a positive trend. Year-on-year growth shows a consistent increase, with the compound annual growth rate (CAGR) indicating a stable rise over this five-year period.
Future trends to monitor include:
- Potential impacts of inflationary pressures on real wage growth.
- Changes in government policies affecting labor costs.
- Variability in tourism and dining demand influencing sector dynamics.
