Labour Costs in Ireland increased to 78.40 Index Points in the second quarter of 2018 from 77.70 Index Points in the first quarter of 2018. Labour Costs in Ireland averaged 88.50 Index Points from 1995 until 2018, reaching an all time high of 119.10 Index Points in the fourth quarter of 2008 and a record low of 71.10 Index Points in the second quarter of 1996.
Labour Costs in Ireland is expected to be 85.00 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 Ireland to stand at 77.00 in 12 months time. In the long-term, the Ireland Labour Costs is projected to trend around 92.00 Index Points in 2020, according to our econometric models.