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Quarterly Labour Cost Index, Second Quarter of 2023

Published at: 21.09.2023 - 11:00

In the second quarter of 2023, compared to the second quarter of 2022, the total hourly labour cost rose by 13.8% (preliminary data). The total hourly labour cost increased by 19.3% in industry, 13.7% in services and 16.1% in construction.

The highest annual growth in total labour costs was recorded in ‘Accommodation and food service activities’ - by 24.0%, ‘Manufacturing’ - by 20.1%, and ‘Electricity, gas, steam and air conditioning supply’ - by 18.3%.

Statistical domain