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    10.03.2016 15:59 Germany’s labour costs per hour worked rise 0.5% in the fourth quarter

    The German statistical office Destatis released its labour costs data for the fourth quarter on Thursday. Labour costs per hour worked rose 0.5% in the fourth quarter on a seasonally and calendar adjusted basis, after a 0.1% increase in the third quarter.

     

    On a yearly basis, labour costs per hour worked increased 2.1% in the fourth quarter on a calendar adjusted basis, after a 2.4% gain in the third quarter.

     

    The costs of gross earnings climbed a calendar adjusted 1.6% year-on-year in the fourth quarter, while non-wage costs were up 3.7%.

     

    In 2015 as whole, labour costs per hour worked climbed 2.6%, after a 1.9% growth in 2014.


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