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Quarterly Labour Cost Index, Third Quarter of 2023

Published at: 21.12.2023 - 11:00

In the third quarter of 2023, compared to the third quarter of 2022, the total hourly labour cost rose by 15.1% (preliminary data). The total hourly labour cost increased by 16.6% in industry, 13.9% in services and 17.0% in construction.

The highest annual growth in total labour costs was recorded in ‘Education’ - by 21.9%, ‘Accommodation and food service activities’ - by 18.8%, and ‘Transportation and storage’ - by 17.4%.

Statistical domain