Labour Costs in European Union decreased to 109.50 Index Points in the third quarter of 2018 from 114.60 Index Points in the second quarter of 2018. Labour Costs in European Union averaged 101.16 Index Points from 2008 until 2018, reaching an all time high of 114.60 Index Points in the second quarter of 2018 and a record low of 88.20 Index Points in the first quarter of 2008.
Labour Costs in European Union is expected to be 107.20 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 115.60 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 116.90 Index Points in 2020, according to our econometric models.