Labour cost index, Slovenia, 4th quarter 2016

In the fourth quarter of 2016 6.2% annual increase in the labour costs per hour worked

In the fourth quarter of 2016 the labour costs per hour worked in Slovenia increased by 6.2% over the same period a year before.

  • 3/8/2017
  • |
  • provisional data

A 6.2% annual increase in the labour costs per hour worked
According to provisional data, in the fourth quarter of 2016 the labour costs per hour worked in Slovenia increased on average by 6.2% over the fourth quarter of 2015; wages per hour worked in the same comparison increased by 6.1%.

The highest annual increase in the labour costs per hour worked
in activity agriculture, forestry and fishing and in financial and insurance activities
Compared to the same period of 2015, in the fourth quarter of 2016 labour costs per hour worked decreased the most in other service activities (by 5.1%) and in real estate activities (by 4.8%), and increased the most in activity agriculture, forestry and fishing and in financial and insurance activities (in both by 11.4%).

In the third quarter of 2016 labour costs per hour worked in the EU-28 1.8% higher than a year before

According to Eurostat data as of 6 March 2017, compared to the third quarter of 2015 in the third quarter of 2016 the labour costs per hour worked (agriculture, forestry and fishing is excluded) increased in almost all EU Member States, except in Croatia, in Malta and in Italy, where they decreased by 5.8%, 2.2% and 0.5%, respectively. Labour costs per hour worked increased the most in Romania (by 14.6%) and in Bulgaria (by 8.1%). In the same comparison the labour costs per hour worked in the EU-28 increased by 1.8% and in Slovenia by 3.1%.

Chart 1: Labour cost index, Slovenia
Chart 1: Labour cost index, Slovenia
Source: SURS
Table 1: Labour cost index, Slovenia
201420152016
index
(the same period of the previous year = 100)
I-III102.3102.6100.7
IV-VI102.4102.0101.5
VII-IX102.198.3103.7
X-XII101.0100.8106.2
Source: SURS
METHODOLOGICAL NOTE
Data are seasonally adjusted.
Final data are expected to be published after the planned revision of the survey as well as hours worked calculation, probably by the end of 2018.
Detailed data and time series are available on the SI-STAT data portal.
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