Labour Costs in Portugal increased to 123.90 points in the fourth quarter of 2020 from 105.60 points in the third quarter of 2020. source: EUROSTAT
Labour Costs in Portugal averaged 91.28 points from 1995 until 2020, reaching an all time high of 123.90 points in the fourth quarter of 2020 and a record low of 62.10 points in the first quarter of 1995. This page provides - Portugal Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unit Labour Costs - values, historical data and charts - was last updated on April of 2021.
Labour Costs in Portugal is expected to be 117.33 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Portugal to stand at 120.38 in 12 months time. In the long-term, the Portugal Unit Labour Costs is projected to trend around 120.38 points in 2022 and 112.48 points in 2023, according to our econometric models.