Labour Costs In the Euro Area decreased to 107.90 points in the first quarter of 2022 from 118.70 points in the fourth quarter of 2021. source: EUROSTAT
Labour Costs in the Euro Area averaged 99.80 points from 2009 until 2022, reaching an all time high of 118.70 points in the fourth quarter of 2021 and a record low of 83.40 points in the first quarter of 2009. This page provides the latest reported value for - Euro Area Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Labour Costs - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Labour Costs in Euro Area is expected to be 119.51 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Euro Area Labour Costs is projected to trend around 124.83 points in 2023 and 127.20 points in 2024, according to our econometric models.