Labour Costs in the United Kingdom decreased to 107.30 points in the second quarter of 2021 from 110.10 points in the first quarter of 2021. source: Office for National Statistics
Labour Costs in the United Kingdom averaged 45.64 points from 1955 until 2021, reaching an all time high of 111.60 points in the second quarter of 2020 and a record low of 4.60 points in the first quarter of 1955. This page provides the latest reported value for - United Kingdom Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Labour Costs - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Labour Costs in the United Kingdom is expected to be 113.05 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Labour Costs is projected to trend around 117.58 points in 2022 and 120.28 points in 2023, according to our econometric models.