The Syntec Index for August 2024 has been released

The revised Syntec index (base 100 in 1961) for August 2024 was published on September 30, 2024.

The value of the Syntec index for August 2024 is 314.1 to 305.7 in August 2023, an annual increase of + 2.75% over 12 months. The August index is up + 0.16% from the previous month (313.6 in July 2024).

Table of changes in the Syntec index for August 2024

 August 2024 Syntec IndexJuly 2024 Syntec IndexAugust 2023 Syntec Index
Syntec index value314.1313.6305.7
Change in % from the base Up 0.16%Up 2.75%
Syntec Index August 2024

The official source is Syntec Federation (not INSEE).

Our Syntec Index 2024 table has been updated here:

Revised Syntec Index corrected for the adjustment coefficient and monthly and annual percentage changes:

The Syntec index reflects the evolution of salary costs (mainly intellectual services) of companies in the professional branches of the Syntec Federation:

  • Syntec IT“,
  • Syntec Engineering“,
  • Syntec Group of Study and Consulting Unions“.
Official Syntec Index
Publication on September 30, 2024, of the Syntec index for August 2024

It is mainly used to update the financial clauses of engineering, contracted personnel, maintenance, and IT contracts. Its value is calculated each month based on a survey of representative companies.

The Ministry of Economics and Finance in France has recognized the Syntec index since July 11, 1974. The Syntec index is updated and published every month, generally at the end of the month, with a one-month lag. The following index will be released around October 30, 2024: the Syntec September 2024 index.

For companies in the technology and services sector, the Syntec Index is an essential tool for maintaining fair contracts aligned with actual costs. It provides an objective basis for price reviews and helps protect against unforeseen cost variations.

Frequently Asked Questions (FAQ) on the Syntec Index of August 2024

Syntec Index History

Find all the values ​​of the Syntec index since 2014:

What’s your opinion on the evolution of the Syntec index?

Tell us in the comments. Thanks.

Photo of author

Pascal

Specialist in finance and taxation from my professional activity and university formation, I share my knowledge and experience on the Juristique website. I regularly publish economic indexes such as SYNTEC index, BT01, ILAT, construction and rent reference indexes, and banking tools like SWIFT Codes or CNAPS Codes for international wire transfers.
Published:

Leave a Comment