Labour costs in the 2nd quarter of 2017 up 2.3% on the same period of 2016

By   /  September 8, 2017  /  Comments Off on Labour costs in the 2nd quarter of 2017 up 2.3% on the same period of 2016

    Print       Email

MIL OSI – Source: Destatis Statistisches Bundesamt – In English –

Headline: Labour costs in the 2nd quarter of 2017 up 2.3% on the same period of 2016

WIESBADEN – In Germany, labour costs per hour worked rose by 2.3% in the second quarter of 2017 on a calendar adjusted basis, compared with the second quarter of 2016. The Federal Statistical Office (Destatis) also reports that, compared with the previous quarter, labour costs were up 0.3% in seasonally and calendar adjusted terms. Labour costs consist of gross earnings and non-wage costs. In calendar adjusted terms, the costs of gross earnings in the second quarter of 2017 rose by 2.9% on the second quarter of 2016, while non-wage costs were up 0.3%. 

For the first quarter of 2017, rates of labour cost change are available for all European Union (EU) Member States. According to those results, the price of one hour worked in Germany rose by a calendar adjusted 2.2% on the same quarter a year earlier. In the entire European Union, the increase in labour costs averaged 1.7% in that period. The highest growth rates within the EU were recorded in Romania (+17.2%), Hungary (+11.7%) and Bulgaria (+10.1%). However, labour costs declined in Finland (–2.7%), the Netherlands (–0.1%) and Luxembourg (–0.1%). In France, the increase in labour costs (+1.2%) was considerably lower than in Germany. 

The rates of labour cost change in countries outside the euro area are measured in the relevant national currency and, consequently, are not currency adjusted.

Methodological notes

The rates of labour cost change are based on the results of the labour cost index. The latter measures the change in labour costs and additionally provides a breakdown of labour costs into their two components, namely gross earnings and non-wage costs. In all three indices, the costs borne by employers are compared with the hours actually worked by employees.

Revisions in the data sources used for calculating the labour cost index led to adjustments of the growth rates of the labour cost index for the most recent years. For instance, the calendar adjusted year-on-year rate of increase in the labour cost index changed from +2.5% to +2.2% for the first quarter of 2017.
Labour cost indices for industry and the service sector in Germany Year, quarter Index of labourcosts, totalIndex of grossearningsIndex ofnon-wage costs 1 Calendar-adjusted, Census X-12-ARIMA 2 Calendar and seasonally adjusted, Census X-12-ARIMAChange on the previous year in % 120082.63.10.820092.72.53.520101.30.73.320112.72.82.620123.03.32.020131.51.51.620142.12.02.320153.13.03.420162.82.34.2Change on the same quarter a year earlier in % 120151st quarter3.12.84.02nd quarter3.23.52.13rd quarter2.92.83.04th quarter3.12.64.720161st quarter3.33.23.92nd quarter2.21.35.33rd quarter2.52.23.34th quarter3.12.84.020171st quarter2.21.64.42nd quarter2.32.90.3Change on the previous quarter in % 220151st quarter0.90.90.92nd quarter1.01.10.83rd quarter0.50.21.54th quarter0.60.41.220161st quarter1.11.40.12nd quarter0.0–0.72.53rd quarter0.81.1–0.44th quarter1.11.01.620171st quarter0.10.00.52nd quarter0.30.8–1.2
EU-wide comparison of labour costsChange in industry and the service sectorStatus of calculations: 1st quarter of 2017Index of labour costs, totalIndex of labourcosts, totalIndex of grossearningsIndex ofnon-wage costsChange in 1st quarter of 2017 on 1st quarter of 2016 1  in % 1 Calendar adjusted applying national methods.

Source: Eurostat Online Database of 1 September 2017 and calculations by Destatis based on the Eurostat Online Database.– not available
European Union 1.71.61.8Euro currency area 1.51.41.6Belgium0.71.4–1.0Bulgaria10.19.911.2Denmark2.02.02.0Germany2.21.64.4Estonia5.25.54.4Finland–2.7–1.6–7.0France1.22.0–0.7Greece6.2––Ireland1.11.10.7Italy0.80.61.3Croatia5.65.36.4Latvia9.18.710.9Lithuania9.99.012.3Luxembourg–0.11.0–9.2Malta2.62.52.8Netherlands–0.10.1–0.9Austria1.71.71.8Poland2.72.72.7Portugal2.63.01.4Romania17.217.217.2Sweden1.91.72.4Slovakia3.93.45.4Slovenia2.62.53.3Spain0.10.00.1Czech Republic7.97.67.8Hungary11.713.010.4United Kingdom1.51.4–1.2Cyprus0.20.51.9Detailed data and time series relating to the labour cost indices by branches of economic activity can be called up free of charge via table 62421-0001 in the GENESIS-Online database.

Data for European comparisons are available under Europe in Figures.

For further information:Walter Engel,tel: +49 (0) 611 / 75 26 89, contact form
Press release in other language
to the top

    Print       Email

You might also like...

Wittmann feiert dritten DTM-Saisonsieg im Regen von Assen – Insgesamt vier BMW Fahrer sammeln Punkte.

Read More →