Skip to main content

Quarterly Labour Cost Index, Second Quarter of 2024

Published at: 20.09.2024 - 11:00

In the second quarter of 2024, compared to the second quarter of 2023, the total hourly labour cost rose by 15.4% (preliminary data). The total hourly labour cost increased by 11.2% in industry, by 13.6% in services and by 19.5% in construction.

The highest annual growth in total labour costs was recorded in the economic sectors ‘Public administration and compulsory social security’ - by 27.0%, ‘Education’ - by 26.4% and ‘Real estate activities’ - by 24.9%.