Labor Cost

The quarterly Labor Cost, released by Eurostat, shows the short-term development of the total hourly costs incurred by the employers of maintaining their employees. It measures the cost pressure arising from the production factor 'labor'.

Most recent - Monday 16 December 2024 10:00

Previous
4.7%
Revised
5.2%
Forecast
4.6%
Actual
4.6%

Next event - Wednesday 19 March 2025 10:00

Previous
4.6%
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Labor Cost yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Labor Cost was 4.6% against a forecast of 4.6%.

Past events

Date
Forecast
Actual
Monday 16 December 2024 10:00
4.6%
4.6%
Monday 16 September 2024 09:00
-
4.7%
Monday 17 June 2024 09:00
4.9%
5.1%
Tuesday 19 March 2024 10:00
-
3.4%
Friday 15 December 2023 10:00
-
5.3%
Friday 15 September 2023 09:00
-
4.5%
Friday 16 June 2023 09:00
3.3%
5%
Friday 17 March 2023 10:00
3%
5.7%
Monday 19 December 2022 10:00
3%
2.9%
Thursday 15 September 2022 09:00
1.4%
4%
Thursday 16 June 2022 09:00
-
3.2%
Friday 18 March 2022 10:00
1.3%
1.9%

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next Labor Cost result:

PreviousLatest
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Consumer Price Index (EU norm) (YoY)(no change)1.8%1.8%
Retail Sales (MoM)Bullish change-0.3%0.1%
Retail Sales (YoY)Bearish change2.1%1.2%
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-4.2%-2.8%
Industrial Production s.a. (MoM)Bullish change-0.4%1.5%
Trade Balance s.a.Bullish change€13.4B€19.7B
Business ClimateBearish change-0.78-0.91
Consumer Confidence(no change)-14.5-14.5
Economic Sentiment IndicatorBearish change95.693.7
Producer Price Index (MoM)Bullish change0.4%1.6%
Producer Price Index (YoY)Bullish change-3.3%-1.2%
Factory Orders n.s.a. (YoY)Bearish change5.7%-1.7%
Factory Orders s.a. (MoM)Bearish change-1.5%-5.4%
Retail Sales (MoM)Bullish change-1.5%-0.6%
Retail Sales (YoY)Bullish change1%2.5%
Core Harmonized Index of Consumer Prices (MoM)Bullish change-0.6%0.5%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.3%0.4%
Harmonized Index of Consumer Prices (YoY)Bullish change2.2%2.4%
Unemployment Rate(no change)6.3%6.3%
Consumer Price Index (EU Norm) (YoY)Bearish change1.5%1.4%
Consumer Price Index (YoY)(no change)1.3%1.3%
Consumer Price Index (EU norm) (YoY)Bullish change1.7%1.8%
Consumer Price Index (MoM)Bullish change-0.2%0.4%
Consumer Price Index (YoY)Bullish change2.2%2.6%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.7%0.7%
Harmonized Index of Consumer Prices (YoY)Bullish change2.4%2.8%
Sentix Investor ConfidenceBearish change-17.5-17.7
HCOB Composite PMIBullish change49.549.6
HCOB Composite PMIBullish change47.848
HCOB Services PMIBullish change5151.2
HCOB Services PMIBullish change53.157.3
Unemployment ChangeBearish change7K10K
Unemployment Rate s.a.(no change)6.1%6.1%
HCOB Manufacturing PMI(no change)42.542.5
HCOB Manufacturing PMIBullish change44.546.2
HCOB Manufacturing PMIBullish change53.153.3

About Labor Cost

Country:Eurozone
Currency:EUR
Source:Eurostat
Category:Labor Market
Frequency:Quarterly
Continue to site >

Personal Trade Copier

Trade Mirror

Trading Simulator

Figaro App Suite

Publisher EA

Figaro Connector EA

All Trader Downloads

All Developer Downloads

Currency Strength

Trader Sentiment

Price Alerts

Mini Charts

Premium Charting

Market Scanner

All Tools

Next High Impact Events

Week View

Next 24 Hours

Session Map

Chart View

Future Events

Past Events

Big Market Movers

Compare Brokers

Broker Offers

Market Analysis

Price Action News

Broker News

Example Analysis

Widgets

FAQ

Statement

Stats

Risk analysis

Widgets

Portfolio

FAQ

Please Log In
Not yet a user?