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    09.06.2016 14:33 Germany’s labour costs per hour worked rise 1.7% in the first quarter

    09.06.2016 14:33

    Germany’s labour costs per hour worked rise 1.7% in the first quarter

     

    The German statistical office Destatis released its labour costs data for the first quarter on Thursday. Labour costs per hour worked rose 1.7% in the first quarter on a seasonally and calendar adjusted basis, after a 0.5% increase in the fourth quarter.

     

     

    On a yearly basis, labour costs per hour worked increased 3.1% in the first quarter on a calendar adjusted basis, after a 2.0% gain in the fourth quarter.

     

     

    The costs of gross earnings climbed a calendar adjusted 3.2% year-on-year in the first quarter, while non-wage costs were up 2.7%.

     

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