22.03.2023

By 16.1% rose the total hourly labour cost for the fourth quarter of 2022 compared to the fourth quarter of 2021 (preliminary data). The total hourly labour cost increased by 21.3% in industry, 17.8% in services and 11.0% in construction.

The breakdown by economic activities showed that the highest annual growth in total labour costs was recorded in ‘Electricity, gas, steam and air conditioning supply’ - by 33.3%, ‘Accommodation and food service activities’ - by 32.9%, and ‘Arts, entertainment and recreation’ - by 25.2%.

Date: 22.03.2023

Source: National Statistical Institute

Readed: 1100