Labour Costs in Slovakia decreased to 114.20 Index Points in the third quarter of 2019 from 120.10 Index Points in the second quarter of 2019. Labour Costs in Slovakia averaged 89.45 Index Points from 1995 until 2019, reaching an all time high of 121.40 Index Points in the fourth quarter of 2018 and a record low of 46.90 Index Points in the first quarter of 1995.
Labour Costs in Slovakia is expected to be 125.02 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Slovakia to stand at 118.31 in 12 months time. In the long-term, the Slovakia Unit Labour Costs is projected to trend around 125.03 points in 2020, according to our econometric models.