Transcript Labour Cost Index (LCI)

Labour Cost Index (LCI)
Dissemination by Eurostat
• News release – latest September
17th
• Homepage – LCI recent trends
• Homepage – databank
• Dissemination in Denmark
News release
• Focus on the yearly changes for the
LCI (working day adjusted) broken
down
– Cost items: Total costs, wages and salary
and other labour costs
– Economic activity:
• Whole economy (NACE B-S)
• Business economy (NACE B-N)
• Non-business economy (NACE O-S)
News release
• Focus on the yearly changes for the
LCI with splits into:
– For all 3 economies B-S, B-N and OS:
• Member states with highest
increase
• Member states with lowest increase
News release
• Note that the LCI is often revised:
• 2nd quarter news release:
• 1st quarter revised
• from 2.0% to 1.6% for EA17
• from 1.7% to 1.5% for EU27
• Reason: inclusion of previously
unavailable data for Germany, Ireland
and Greece
Homepage – LCI resent trends
• Focus on most recent evolutions of
the LCI
• Eurostat estimates annual labour
cost per hour using:
– LCI, LCS (four yearly) and annual
LCS updates
Homepage - databank
• Short introduction to the
possibilities
Dissemination in Denmark
• 2 page news release with EU, DK
and USA