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European Union Labour Cost Index

Country:
European Union
EUR, Euro
Source:
Sector:
Labor
Low 2.0% 1.9%
1.4%
Last release Importance Actual Forecast
Previous
1.7%
2.0%
Next release Actual Forecast
Previous
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Labor Cost Index indicates changes in the labor costs paid by employers for the given quarter compared to the previous one. It is calculated as the ratio of a single employee labor cost to labor productivity (defined as GDP per one employed person).

The indicator allows evaluating inflation and forecasting the growth in consumer spending.

Last values:

actual data

forecast

The chart of the entire available history of the "European Union Labour Cost Index" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
1 Q 2018
2.0%
1.9%
1.4%
4 Q 2017
1.5%
1.8%
1.6%
3 Q 2017
1.6%
2.0%
1.8%
2 Q 2017
1.8%
1.6%
1.4%
1 Q 2017
1.5%
1.1%
1.5%
4 Q 2016
1.6%
1.4%
3 Q 2016
1.5%
1.0%
2 Q 2016
1.0%
1.6%
1 Q 2016
1.7%
1.3%
4 Q 2015
1.3%
1.1%
3 Q 2015
1.1%
1.6%
2 Q 2015
1.6%
1.9%
1 Q 2015
2.2%
1.2%
4 Q 2014
1.1%
1.3%
3 Q 2014
1.4%
1.2%
2 Q 2014
1.4%
0.9%
1 Q 2014
0.6%
1.4%
4 Q 2013
1.6%
1.0%
3 Q 2013
1.1%
0.9%
2 Q 2013
1.1%
1.6%
1 Q 2013
1.7%
1.3%
4 Q 2012
1.3%
2.0%
3 Q 2012
1.8%
1.6%
2 Q 2012
1.9%
2.0%
1 Q 2012
2.0%
2.8%
4 Q 2011
2.8%
2.7%
3 Q 2011
2.6%

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

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