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Labour costs growth in Romania highest in EU in Q1 - Eurostat

Author Mario Tanev
Labour costs growth in Romania highest in EU in Q1 - Eurostat Author: Christian Heilmann. License: Creative Commons, Attribution 2.0 Generic.

BUCHAREST (Romania), June 15 (SeeNews) - Hourly labour costs in Romania rose by an annual 12.7% in the first quarter, more than in any other EU member state, Eurostat said on Friday.

Labour costs in Romania grew the most in the construction sector - by 19.1% year-on-year, followed by services with 10.3% and industry - with 9.9%, the bloc's statistical office said in a statement.

All EU members from Southeast Europe (SEE) recorded increases in labour costs above the EU average, which stood at 2.7%.

Out of SEE member states, Greece posted the lowest annual growth in labour costs - of 4.4%.

Details follow (pct change):

  Total Industry Construction Services
Bulgaria 6.8 9.3 7.8 4.5
Croatia 6.1 5.3 13.7 5.9
Greece 4.4 3.3 -10.3 1.8
Romania 12.7 9.9 19.1 10.3
Slovenia 4.8 7.7 -1.6 3.5

source: Eurostat

 

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