Labour Costs in Turkey increased to 200.63 Index Points in the second quarter of 2019 from 188.85 Index Points in the first quarter of 2019. Labour Costs in Turkey averaged 95.48 Index Points from 2007 until 2019, reaching an all time high of 200.63 Index Points in the second quarter of 2019 and a record low of 56.26 Index Points in the second quarter of 2009.
Labour Costs in Turkey is expected to be 199.00 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 Turkey to stand at 207.00 in 12 months time. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 220.00 Index Points in 2020, according to our econometric models.