14-11-2014 - In the 3rd quarter of 2014, the Labour Cost Index increased by 0.1% from the same quarter in 2013

In the 3^rd quarter of 2014

Labour Cost Index increased by 0.1% from the same quarter in 2013

The Labour Cost Index (working days adjusted) increased by 0.1% in the 3^rd quarter of 2014, compared with the same period in 2013.

The two main labour cost items are wage costs (per hour actually worked) and other costs (non-wage costs but per hour actually worked).

Wage costs increased by 0.3% from the same period a year earlier and other costs decreased by 0.6%.

At the country level, the index decreased by 1.5% year-on year. Wage costs dropped by 1.4% while other costs declined by 2.1%

Please note that this data only comprise sections B to S of the Portuguese Classification of Economic Activities (CAE-Rev.3), excluding Public Administration.

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