13 Sep Euro Area Labour Costs
Labour Costs In the Euro Area decreased to 99.60 Index Points in the first quarter of 2019 from 110.60 Index Points in the fourth quarter of 2018. Labour Costs in the Euro Area averaged 96.69 Index Points from 2009 until 2019, reaching an all time high of 110.60 Index Points in the fourth quarter of 2018 and a record low of 83.30 Index Points in the first quarter of 2009. In the Euro Area, unit labour costs are a measure of total labour costs per unit of output calculated as the ratio of compensation per employee to labour productivity (defined as GDP per person employed). 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.