Labour Costs in Germany decreased to 108.22 Index Points in the second quarter of 2019 from 116.69 Index Points in the first quarter of 2019. Labour Costs in Germany averaged 98.07 Index Points from 1991 until 2019, reaching an all time high of 116.69 Index Points in the first quarter of 2019 and a record low of 78.67 Index Points in the first quarter of 1991.
Labour Costs in Germany is expected to be 117.13 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Germany to stand at 118.67 in 12 months time. In the long-term, the Germany Labour Costs is projected to trend around 121.98 Index Points in 2020, according to our econometric models.