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Posted: Fri 7:56, 01 Nov 2013 Post subject: Croatia and Spain |
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Labor cost inflation in Europe slowed in second quarter
BRUSSELS, Sept. 16 () -- The annual rise of labor costs slowed to 0.9 percent in both the 17-member eurozone and the 28-member European Union in the second quarter, Eurostat said.Wages and salaries in the 17-member eurozone rose by 1.1 percent,[url=http://www.trueireligion.com]Cheap True Religion Jeans[/url], while non-wage labor costs rose 0.1 percent in the second quarter compared to the second quarter of 2012, Eurostat said.In the 28-member EU, wages and salaries rose 1 percent, while non-wage labor costs rose by 0.3 percent in the second quarter compared to the same quarter of 2012.The highest gain was in Estonia, where wages rose 7.8 percent from the second quarter of 2012 and non-wage costs for labor rose 7 percent for a combined rise of 7.7 percent.In Lithuania, the total labor costs in the second quarter rose 6.5 percent compared to the second quarter of 2012. In Romania, the gain for wage and non-wage labor costs totaled 6 percent.In Slovenia,[url=http://www.hotyoupro.com]The north face jackets outlet[/url], Cyprus, Croatia and Spain, labor costs went down compared to April through June of 2012, dropping 5.9 percent in Slovenia, 4.6 percent in Cyprus,[url=http://www.trueireligion.com]True Religion Outlet Store[/url], 0.6 percent in Croatia and 0.3 percent in Spain, Eurostat said.
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