Annual growth in labour costs at 3.4% in euro area

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.

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