Labor Cost Index (YoY)

Actual value:
3.4%
Source: Eurostat
Currency: Euro
Country: European Union
Previous value: 5.2%
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The present indicator of the value of labor power determines company’s production costs by calculating changes in employer’s wages for the reporting period. Overtime pay is not taken into account. The indicator is ahead of the inflation rate in the consumer’s sector.

Release date (GMT +0) Actual value Previous value
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Influence on the market