France Wages (base monthly wage) in France

DARES · Quarterly · Importance

121.9 (Q1-26) ABS · index · Quarterly · CSV
1.9% (Q2-26) YOY · % · Quarterly · CSV
0.7% (Q2-26) QOQ · % · Quarterly · CSV
Periodindex
Jan 2026 121.9
Oct 2025 121.0
Jul 2025 120.7
Apr 2025 120.4
Jan 2025 119.8
Oct 2024 118.9
Jul 2024 118.4
Apr 2024 118.0
Jan 2024 117.3
Oct 2023 115.7
Jul 2023 115.3
Apr 2023 114.6
Jan 2023 113.5
Oct 2022 111.4
Jul 2022 110.6
Apr 2022 109.6
Jan 2022 108.4
Oct 2021 107.2
Jul 2021 106.6
Apr 2021 106.3
Jan 2021 106.0
Oct 2020 105.4
Jul 2020 105.1
Apr 2020 104.8
Oct 2019 103.8
Jul 2019 103.6
Apr 2019 103.3
Jan 2019 102.8
Oct 2018 102.0
Jul 2018 101.8
Apr 2018 101.5
Jan 2018 101.1
Oct 2017 100.4
Jul 2017 100.3
Apr 2017 100.0
Period%
Apr 2026 1.9%
Jan 2026 1.7%
Oct 2025 1.7%
Jul 2025 2.0%
Apr 2025 2.1%
Jan 2025 2.2%
Oct 2024 2.8%
Jul 2024 2.7%
Apr 2024 2.9%
Jan 2024 3.3%
Oct 2023 3.9%
Jul 2023 4.2%
Apr 2023 4.6%
Jan 2023 4.7%
Oct 2022 3.9%
Jul 2022 3.7%
Apr 2022 3.1%
Jan 2022 2.3%
Oct 2021 1.7%
Jul 2021 1.5%
Apr 2021 1.4%
Oct 2020 1.6%
Jul 2020 1.5%
Apr 2020 1.5%
Oct 2019 1.7%
Jul 2019 1.7%
Apr 2019 1.7%
Jan 2019 1.6%
Oct 2018 1.6%
Jul 2018 1.5%
Apr 2018 1.5%
Jan 2018 1.5%
Oct 2017 1.4%
Jul 2017 1.3%
Apr 2017 1.3%
Jan 2017 1.2%
Oct 2016 1.2%
Jul 2016 1.2%
Apr 2016 1.2%
Jan 2016 1.2%
Oct 2015 1.2%
Jul 2015 1.2%
Apr 2015 1.2%
Jan 2015 1.3%
Oct 2014 1.4%
Jul 2014 1.4%
Period%
Apr 2026 0.7%
Jan 2026 0.7%
Oct 2025 0.2%
Jul 2025 0.3%

About this indicator

Source
INSEE
Frequency
Quarterly
Release
About two months after the reference quarter closes.
What it is
The Basic Monthly Wage (SMB) measures the evolution of the base wage of private-sector employees in France, excluding bonuses and overtime. It is a key gauge of labour costs and household income, and is published by INSEE.
How it's calculated
INSEE estimates it from its quarterly survey of activity and employment conditions of the workforce (Acemo), reported as an index and as a change (typically quarter-on-quarter and year-on-year).
Market implications
Wages are at once the main component of household income and a large share of firms' costs, so their path is decisive for consumption and for the cost-driven inflationary pressures the ECB monitors.
Limitations
It is a quarterly figure, sensitive to the composition of employment and to seasonal factors, and subject to revision. As it captures only the base wage, it excludes bonuses and overtime, so it can differ from actual take-home pay.