Labour Costs in Hungary decreased to 132 points in the third quarter of 2021 from 141.10 points in the second quarter of 2021. source: EUROSTAT

Labour Costs in Hungary averaged 90.68 points from 1995 until 2021, reaching an all time high of 149.90 points in the first quarter of 2021 and a record low of 30.70 points in the first quarter of 1995. This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Unit Labour Costs - values, historical data and charts - was last updated on January of 2022.

Labour Costs in Hungary is expected to be 162.49 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Unit Labour Costs is projected to trend around 154.54 points in 2023 and 167.21 points in 2024, according to our econometric models.

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Hungary Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 1.30 1.10 percent Jun/21
Youth Unemployment Rate 12.40 13.40 percent Nov/21
Labour Costs 132.00 141.10 points Sep/21
Minimum Wages 476.00 442.44 EUR/Month Sep/21
Productivity 111.30 113.20 points Sep/21
Part Time Employment 203.90 210.40 Thousand Sep/21
Full Time Employment 4356.80 4314.00 Thousand Sep/21
Employment Change 1.10 1.10 percent Mar/21