The pace of wage growth in the euro zone accelerated to a two years peak
Personnel costs rose further in the European Union and in the euro area in the second quarter. In the euro area, the pace of wage growth accelerated to a two years peak.
According to the data from the EU’s Statistical Office (Eurostat) published on Friday, the hourly labor costs increased by 1.8 percent in the euro area and by 2.2 percent in the EU in April-June. In the first quarter, an increase of 1.4 percent and 1.6 percent was measured. (MTI)
Related news
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
In the OECD, inflation slowed significantly in August
Inflation in the countries belonging to the Organization for Economic…
Read more >
In the OECD, inflation slowed down in April
In the countries belonging to the Organization for Economic Co-operation…
Read more >Related news
Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >
KSH: in August, the product foreign trade surplus was 443 million euros
In August, the volume of exports decreased by 5.6 percent…
Read more >
