March 20 (SeeNews) - Hourly labour costs in Bulgaria increased by 11.9% year-on-year in the fourth quarter of 2019, the National Statistical Institute (NSI) said on Friday, citing preliminary data.
Salary costs rose by an annual 11.7% in the October-December period of last year, while other labour costs increased 12.9% on the year, NSI said in a statement.
Hourly labour costs rose the most in construction - by 14.5% on the year, followed by services and industry, with annual increases of 11.5% and 10.5%, respectively.
In terms of economic activities, the highest growth rate, of 19.3%, was recorded in the real estate sector.
(1 euro = 1.95583 levs)