Hourly labor cost index increased by 0.8% compared to previous quarter
Seasonally and calendar adjusted hourly labor cost index increased by 0.8% in the fourth quarter of 2016 compared to previous quarter for the total of covered economic activities. The breakdown by economic activity shows that this increase was 2.9% for industry sector, 3.2% for construction sector and decrease was 0.8% for services sector.
The highest increase in seasonally and calendar adjusted hourly labor cost index was in economic activity E (Water supply; sewerage, waste management and remediation activities) with 6.2% in the fourth quarter of 2016 compared to previous quarter.
Hourly labor cost index, Quarter IV: October – December, 2016
[2010=100]
Hourly earnings index increased by 0.9% compared to previous quarter
Seasonally and calendar adjusted hourly earnings index increased by 0.9% in the fourth quarter of 2016 compared to previous quarter for the total of covered economic activities. Economic activity breakdown shows that this figure was increased by 2.8% for industry sector, 3.0% for construction sector and decreased by 0.4% for services sector.
The highest increase in seasonally and calendar adjusted hourly earnings index was in economic activity D (Electricity, gas, steam and air conditioning supply) with 9.2% in the fourth quarter of 2016 compared to previous quarter.
Hourly earnings index, Quarter IV: October – December, 2016
[2010=100]
Hourly labor cost excluding earnings index decreased by 2% compared to previous quarter
Seasonally and calendar adjusted hourly labor cost excluding earnings index decreased by 2% in the fourth quarter of 2016 compared to previous quarter for the total of covered economic activities. Economic activity breakdown shows that this figure was decreased by 3.4% for industry sector, 1.2% for service and increased by 2% for construction sector.
The highest decrease in seasonally and calendar adjusted hourly labor cost excluding earnings index was in economic activity J (Information and communication) with 13% in the fourth quarter of 2016 compared to previous quarter.
Hourly labor cost excluding earnings index, Quarter IV: October – December, 2016
[2010=100]
Seasonally and calendar adjusted hourly labor cost indices, 2013-2016
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