Labour Costs in European Union increased to 113.30 points in the fourth quarter of 2019 from 105.90 points in the third quarter of 2019.
Labour Costs in European Union averaged 97.32 points from 2009 until 2019, reaching an all time high of 113.30 points in the fourth quarter of 2019 and a record low of 84.20 points in the first quarter of 2009. This page provides - European Union Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Labour Costs - values, historical data and charts - was last updated on July of 2020.
Labour Costs in European Union is expected to be 102.93 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in European Union to stand at 114.66 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 112.58 points in 2021 and 114.61 points in 2022, according to our econometric models.