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    18.03.2016 10:40 Hourly labour costs in the Eurozone climb 1.3% in the fourth quarter

    Eurostat released its labour costs data for the Eurozone on Friday. Hourly labour costs in the Eurozone rose at an annual rate of 1.3% in the fourth quarter, after a 1.1% gain in the previous quarter.

     

    Wages and salaries per hour climbed 1.5% year-on-year in the fourth quarter, while non-wage costs gained 0.7%.

     

    In the fourth quarter of 2015, hourly labour costs increased 1.2% year-on-year in industry, 0.5% in construction, 1.3% in services, while 1.6% in the mainly non-business economy.


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