YoY rise in hourly labour costs 4.7% in euro area, 5.2% in EU

Hourly labour costs rose by 4.7 per cent YoY in the euro area and by 5.2 per cent YoY in the EU in Q2 2024.
The highest increases in hourly wage costs for the whole economy in Q2 2024 were recorded in Croatia (plus 17.6 per cent), Bulgaria (plus 15.4 per cent), Romania (plus 15 per cent), Hungary (plus 13.2 per cent) and Poland (plus 13.0 per cent).