BY 16.1% ROSE THE TOTAL HOURLY LABOUR COST FOR THE FOURTH QUARTER OF 2022 COMPARED TO THE FOURTH QUARTER OF 2021
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%.
Press release LCI_2022q4_en_P5RIFK9.pdf
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