EU-19: labour costs rise in 2nd quarter, down 0.4% in Italy
Along with Greece and Cyprus, non-wage component drops
16 September, 13:42In Italy, this decrease is due to the non-wage component (social security and tax), down 1.1%, the biggest drop after the Netherlands (7.8%) and Cyprus (1.3%).
The most significant increases in labour costs have been recorded in Latvia (7.9%), Romania (7.7%), Bulgaria (6.8%), Estonia (5.5%) and Lithuania (4.3%). In the eurozone, an increase has been recorded especially in the wage component of labour costs (1.9%), while the non-wage component has grown just by 0.4%. (ANSA).