Do increases in public sector wages affect inflation?

Nadoveza, Ozana

doi:10.3326/pse.49.1.1.

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Do increases in public sector wages affect inflation?

Ozana Nadoveza*

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https://doi.org/10.3326/pse.49.1.1

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Table A1
Data and data sources, 2004-2023

Variable	Data	Source
Wages	Average wages based on regular monthly surveys of net and gross wages, classified according to the National Classification of Activities (NKD)	Croatian Bureau of Statistics (CBS), quarterly average, seasonally adjusted using X-12-ARIMA
Public sector wages	Average wages for sectors O, P, and Q based on regular monthly surveys of net and gross wages, classified according to the National Classification of Activities (NKD)	CBS, quarterly average, seasonally adjusted using X-12-ARIMA
HICP	Monthly Harmonized Index of Consumer Prices, seasonally adjusted using X-12-ARIMA, quarterly average	Eurostat, [prc_hicp_midx]
Public sector services HICP	See table A2 and graph A1	Eurostat, Cai and Vandyck (2020)
Gross domestic product (GDP)	Gross domestic product, constant prices, seasonally and calendar adjusted	Eurostat, [namq_10_a10]
Gross value added (GVA)	Gross value added, constant prices, seasonally and calendar adjusted	Eurostat, [namq_10_a10]
Gross value added (GVA) of public sector	Gross value added (GVA) of O, P, and Q sectors, constant prices, seasonally and calendar adjusted	Eurostat, [namq_10_a10]
Employment	Employed individuals based on regular monthly surveys of employment by activity	CBS, seasonally adjusted using X-12-ARIMA
Employment in public sector	Employed individuals in of O, P, and Q sectors based on regular monthly surveys of employment by activity	CBS, seasonally adjusted using X-12-ARIMA
Unemployment rate	Unemployment rate, ages 15-74, percentage of the labour force, trend-cycle data	Eurostat, [une_rt_q_h]
Productivity	GDP/employment, GVA/employment	Eurostat, [namq_10_a10] i CBS
Productivity in public sector	GVA of O-Q sectors/employment of O-Q sectors	Eurostat, [namq_10_a10] i CBS

Source: Author.

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March, 2025
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