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Romania's hourly labour cost up over 12pct in Q4 of 2019

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IV 2019, the adjusted hourly labour cost (business days adjusted) registered a decrease rate of 0.27 percent compared to the previous quarter and an increase of 12.03 percent compared to the same quarter of 2018, according to data published by the of Statistics (INS) on Thursday. Thus, in Q4 2019, the hourly labour cost (business days adjusted) increased in the majority of the economic activities compared to the previous quarter.

The most significant increases of the hourly labour cost (adjusted according to the number of business days) were found in real…

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