Annual growth in labour costs at 2.4% in euro area

Hourly labour costs rose by 2.4% in the euro area (EA19) and by 2.7% in the EU27 in the fourth quarter of 2019, compared with the same quarter of the previous year. In the third quarter of 2019, hourly labour costs increased by 2.6% and 2.9% respectively. These figures are published by Eurostat, the statistical office of the European Union.

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