Labour Costs in European Union increased to 117.60 points in the fourth quarter of 2020 from 106.90 points in the third quarter of 2020. source: EUROSTAT
Labour Costs in European Union averaged 98.52 points from 2009 until 2020, reaching an all time high of 117.60 points in the fourth quarter of 2020 and a record low of 83 points in the first quarter of 2009. This page provides - European Union Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Labour Costs - values, historical data and charts - was last updated on May of 2021.
Labour Costs in European Union is expected to be 108.36 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 119.48 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 121.63 points in 2022 and 124.19 points in 2023, according to our econometric models.