EU Sources - Quarterly figures on wage trends - March 31, 2016

Eurostat, the statistical office of the EU, published figures on labour costs. Hourly labour costs rose by 1.3 % in the euro area and by 1.9 % in the EU-28 in the fourth quarter of 2015, compared with the same quarter of the previous year. In the third quarter of 2015, hourly labour costs increased by 1.1 % in the euro area and by 1.9 % in the EU-28. In the fourth quarter of 2015 compared with the same quarter of the previous year, hourly labour costs in the euro area rose by 1.2% in industry, by 0.5% in construction, by 1.3% in services and by 1.6% in the (mainly) non-business economy. In the EU-28, labour costs per hour grew by 1.7% in industry, by 2.5% in construction, by 2.0% in services and by 1.7% in the (mainly) non-business economy.

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