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Image header Agence Europe
Europe Daily Bulletin No. 9624
Contents Publication in full By article 36 / 43
GENERAL NEWS / (eu) eu/economy

Rise in labour costs

Brussels, 17/03/2008 (Agence Europe) - According to figures published by Eurostat on 14 March, total hourly labour costs in the euro area rose by 2.7% in nominal terms in the year up to the fourth quarter of 2007, compared with 2.5% for the previous quarter. In the EU27, the annual rise was 3.5% up to the fourth quarter of 2007, compared with 3.7% for the previous quarter. The two main components of labour costs are wages & salaries and non-wage costs. In the euro area, wages & salaries grew...

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