Press release 087 / 2014-03-11: Labour costs up 2.4% in 2013
WIESBADEN – In Germany, labour costs per hour worked rose by 2.4% in 2013 on a calendar adjusted basis, compared with a year earlier. The Federal Statistical Office (Destatis) also reports that the costs of gross earnings increased by 2.5%, while non-wage costs were up by 2.1%.
Compared with the 4th quarter 2012, labour costs in the 4th quarter of 2013 rose by 2.0% in calendar adjusted terms. Compared with the previous quarter, the seasonally and calendar adjusted increase was 0.9%.
For the third quarter of 2013, rates of labour cost change in industry and the service sector are available for 26 of the 28 European Union Member States. According to those results, the price of one hour worked in Germany rose by a calendar adjusted 1.9% in the third quarter of 2013 from the third quarter 2012. In the entire European Union (EU), the increase in labour costs averaged 1.0% in the third quarter of 2013. The highest growth rates within the EU were recorded in Estonia (+8.1%), Lithuania (+6.2%), Latvia (+5.9%) and Romania (+4.2%). Labour costs declined in Cyprus (–7.6%), the Czech Republic (–2.5%), Ireland (–1.6%) and Slovenia (–0.6%). In France, the rate of change of the total labour costs per hour worked (+0.4%) was markedly lower than the relevant rate in Germany. The reason was the 2.4% decrease in non-wage costs. In Spain (+0.5%) and Portugal (+0.3%), the increase in labour costs was below average. Data for Greece were not available.
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.
The rates of change of labour costs 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.
National accounts are the main source of data for the time series of the labour cost index for the reference years 2012 and 2013. The regular revisions of national accounts have led to adjustments of the growth rates of the labour cost index. Hence, the calendar adjusted rate of increase in the labour cost index has changed from +1.6% to +1.9% for the third quarter 2013 compared with the same quarterof the previous year.
|Year, quarter||Index of labour costs,|
|Index of gross|
| 1 Calendar-adjusted, Census X-12-ARIMA.|
2 Calendar and seasonally adjusted, Census X-12-ARIMA.
|Change on the previous year in % 1|
|Change on the same quarter a year earlier in % 1|
|Change on the previous quarter in % 2|
|Member States of the European Union||Index of labour costs,|
|Index of gross|
|Index of non-wage|
|Change on the same quarter a year earlier 1|
| 1 Calendar adjusted applying national methods.|
2 Data for Greece were not available. The data for Austria are confidential.
Source: Calculations by the Federal Statistical Office based on Eurostat’s online database of 4 March 2014.
|European Union 2||1.0||1,2||0,3|
|Euro currency area 2||1.0||1,3||0,4|
Data for European comparisons are provided by the European Data Service (EDS).
For further information:
tel: +49 611 75 4236,