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In October 2022, the implicit interest rate on housing credit and the average loan repayments increased in the Autonomous Region of Madeira (Read more...)
In the 3rd quarter of 2022, the overdue loans ratios decreased compared to the previous quarter (Read more...)
In 2022, the proportion of persons between 16 and 74 years old who reported having used the Internet in the last 3 months prior to the interview was higher in the Autonomous Region of Madeira than in the country (Read more...)
In the first nine months of 2022, the natural decrease was higher than in the same period of the previous year (Read more...)
Between January and September 2022, the egg production, livestock slaughtering and poultry meat increased year-on-year while landed catch registered a decrease, but its value rose (Read more...)
At the end of the 3rd quarter of 2022, the number of jobs in the Regional Administration of Madeira was 20 806 (Read more...)
DREM releases "In Focus" with statistical indicators related to the sea for the Autonomous Region of Madeira (Read more...)
DREM releases Culture indicators for 2021 (Read more...)
DREM releases data for January to September 2022 on golf courses and cruise ships that visited the Region (Read more...)
In August 2022, Madeira’s economy accelerated (Read more...)
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Labour Cost Index increased by 1.2% over the previous year
The Labour Cost Index (working days adjusted) decreased by 1.5% in the 4th quarter of 2021, compared with the same period of 2020.
The two main labour cost items are “wage costs” and “other costs”.
Wage costs (per hour effectively worked) decreased by 1.5% compared to the same quarter of the previous year.
Other costs (non-wage, also per hour effectively worked) registered a year-on-year decrease of 1.7%.
“Wage costs” decreased by 1.4% and the “other costs” by 1.7% from the year-ago quarter, respectively.
At the country level, the index increased by 2.4% year-on-year. “Wage costs” went up by 2.5% and the “other costs” by 2.3%.
The annual data show that in 2021 the regional Labour Cost Index (LCI) increased by 1.2% when compared to 2020. This increase was determined by the positive rate of change in “other costs” (+5.9%) with the “wage costs” remaining unchanged (0,0%). In Portugal, the LCI increased by 2.5% in 2021, resulting from the increases observed in “wage costs” and in “other costs”, of 1.9% and 4.7%, respectively.
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