Labour Costs in European Union decreased to 102.50 Index Points in the first quarter of 2019 from 110.30 Index Points in the fourth quarter of 2018. Labour Costs in European Union averaged 96.35 Index Points from 2009 until 2019, reaching an all time high of 110.30 Index Points in the fourth quarter of 2018 and a record low of 84.10 Index Points in the first quarter of 2009.
Labour Costs in European Union is expected to be 117.69 Index 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 112.46 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 118.38 Index Points in 2020, according to our econometric models.