News Archive Publications 15 MARCH 2011

Total labour costs per hour increased by 11.0% between the 3rd and 4th quarter of 2010 in the economic activity of Transport, storage and communication, 9.7% in Wholesale and retail trade; repair, 8.5% in Construction and 7.3% in Manufacturing.

Total labour costs excluding bonuses increased between quarters by 6.3% in Construction, 4.7% in Wholesale and retail trade; repair, 3.8% in Transport, storage and communication and 1.8% in Manufacturing.

From the previous year total labour costs rose in all economic activities. The increase ranged from 8.2% in Construction to 9.5% in Wholesale and retail trade; repair.

 


The labour cost index measures, on a quarterly basis, the development of labour costs per hour worked. The index is not adjusted to changes in working hours or labour structure.


Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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