Labour Costs in European Union decreased to 106.90 points in the first quarter of 2021 from 117.50 points in the fourth quarter of 2020. source: EUROSTAT
Labour Costs in European Union averaged 98.69 points from 2009 until 2021, reaching an all time high of 117.50 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 July of 2021.
Labour Costs in European Union is expected to be 122.83 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 123.24 in 12 months time. In the long-term, the European Union Labour Costs is projected to trend around 127.07 points in 2022 and 129.99 points in 2023, according to our econometric models.