Quarterly Labour Cost Index, First Quarter of 2024

Quarterly Labour Cost Index, First Quarter of 2024

In the first quarter of 2024, compared to the first quarter of 2023, the total hourly labour cost rose by 15.8% (preliminary data). The total hourly labour cost increased by 13.9% in industry, by 16.3% in services and by 19.3% in construction.

The highest annual growth in total labour costs was recorded in ‘Other service activities’ - by 20.8%, ‘Accommodation and food service activities’ - by 20.6%, and ‘Construction’ - by 19.3%.

Detailed data can be found on the website of NSI at
Short-term statistics on employment and labour cost