Annual growth in labour costs at 3.4% in euro area

https://ec.europa.eu/eurostat/documents/2995521/10294948/3-16062020-AP-EN.pdf/7337d03d-e2c1-641c-910d-0b9aadc2393d

In the first quarter of 2020, the quarter when COVID-19 containment measures began to be widely introduced by Member States, hourly labour costs rose by 3.4% in the euro area and by 3.7% in the EU, compared with the same quarter of the previous year. In the fourth quarter of 2019, hourly labour costs increased by 2.3% and 2.7% respectively.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.