Labour Costs in Austria decreased to 120 points in the first quarter of 2021 from 131.90 points in the fourth quarter of 2020. source: EUROSTAT
Labour Costs in Austria averaged 98.83 points from 1996 until 2021, reaching an all time high of 139.70 points in the second quarter of 2020 and a record low of 83.80 points in the third quarter of 1999. This page provides - Austria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Unit Labour Costs - values, historical data and charts - was last updated on June of 2021.
Labour Costs in Austria is expected to be 119.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Austria to stand at 114.45 in 12 months time. In the long-term, the Austria Unit Labour Costs is projected to trend around 114.95 points in 2022 and 115.27 points in 2023, according to our econometric models.