The revised Syntec index (base 100 in 1961) for May 2024 was published on June 30, 2024.
The value of the Syntec index for May 2024 is 313.3 to 302.7 in May 2023, an annual increase of +3.50% over 12 months. The April index is down -0.16% from the previous month (313.8 in April 2024).
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Table of changes in the Syntec index for May 2024
| May 2024 Syntec Index | April 2024 Syntec Index | May 2023 Syntec Index | |
| Syntec index value | 313.3 | 313.8 | 302.7 |
| Change in % from the base | Down 0.16% | Up 3.50% |
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“.
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 April 11, 1974. The following index will be released around July 31, 2024: the Syntec June 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 May 2024
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