Lithuania - Labour costs increase substantially - December 31, 2017

The statistical office published an analysis of the development of the labour costs in the 3rd quarter of 2017. Compared to the 3rd quarter in 2016, labour costs per hour worked in industrial, construction and service enterprises (including individual enterprises), seasonal adjusted, increased by 7.9%. The increase was observed in all economic activities, the largest in financial and insurance activities (12.4%), information and communication (12.1%), real estate activities (10.5%), administrative and support service activities (10.3%), professional, scientific and technical activities, wholesale and retail trade; repair of motor vehicles and motorcycle (9.7% each).

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