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Annual growth in labour costs at 1.6% in euro area

Eurostat/Annual growth in labour costs at 1.6% in euro area, 20 March 2017

Hourly labour costs rose by 1.6% in the euro area (EA19) and by 1.7% in the EU28 in the fourth quarter of 2016, compared with the same quarter of the previous year. In the third quarter of 2016, hourly labour costs increased by 1.4% and 1.8% respectively. These figures are published by Eurostat, the statistical office of the European Union.

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