Eastern countries have lowest labour costs but highest increases

Europe Europe

The latest labour cost figures published by the Eurostat agency show that the highest increases were recorded in Eastern Europe but where average costs remain the lowest across the European Union. There were double-digit increases in Romania, Latvia and Lithuania with Hungary not far behind at just under 10%. Average hourly labour costs in Europe range from 5.40 in Bulgaria to 43.5 in Denmark with the average at 27.4 in the European Union and 30.6 in the Eurozone. The data excludes agriculture and public administration.

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