Latvia - Wages data updated - March 31, 2017

Seasonally non-adjusted data of the Central Statistical Bureau (CSB) show that, compared to the 4th quarter of 2015, in the 4th quarter of 2016 hourly labour costs rose by 51 cents or 7.3%, reaching 7.46 euros. Seasonally adjusted data, in turn, show that labour costs increased by 7.8%. In the 4th quarter of 2016, the highest hourly labour costs were observed in financial and insurance activities (15.35 euros), information and communication (11.90 euros), energy sector (10.74 euros), public administration and defence (9.58 euros), and mining and quarrying (9.44 euros). The lowest hourly labour costs were recorded in accommodation and food service activities (4.98 euros), arts, entertainment and recreation (6.05 euros), other service activities and education (6.18 euros), as well as real estate activities (6.43 euros).

English: http://www.baltic-course.com/eng/analytics ... 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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