Labour Costs in the United Kingdom increased to 112.10 points in the first quarter of 2022 from 109.60 points in the fourth quarter of 2021. source: Office for National Statistics
Labour Costs in the United Kingdom averaged 46.75 points from 1955 until 2022, reaching an all time high of 112.10 points in the first quarter of 2022 and a record low of 4.70 points in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Labour Costs - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Labour Costs in the United Kingdom is expected to be 116.72 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Labour Costs is projected to trend around 119.99 points in 2023 and 122.87 points in 2024, according to our econometric models.