logo
Share SHARE
FONT-SIZE Plus   Neg

German Labor Cost Growth Rises In Q2

Germany's labor cost growth increased slightly in the second quarter after slowing in the first quarter, Destatis reported Friday.

The index of labor cost gained 2.3 percent year-on-year, following a 2.2 percent rise in the first quarter.

Costs of gross earnings rose by 2.9 percent from previous year, while non-wage costs were up 0.3 percent.

On a quarterly basis, labor cost growth accelerated to 0.3 percent from 0.1 percent in the previous period.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

comments powered by Disqus
Follow RTT