Increase in the Labour Cost Index in the fourth quarter of 2024

Economic indicators
Increase in the Labour Cost Index in the fourth quarter of 2024

In the fourth quarter of 2024, the hourly labour cost increased by 2.2% on an annual basis.

Broken down by sector, the sharpest increase of the hourly labour cost (+3.4%) on an annual basis is registered in “Manufacturing” (NACE section C), while the lowest increase (+1.3%) is observed in “Public administration and defence; compulsory social security” (section O).