Edition 1505
15 December 2018
Edition: 1505

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Hourly pay rises in Portugal by more than EU average

by TPN/Lusa, in News · 16-03-2018 16:38:00 · 0 Comments

Hourly labour costs increased by 1.5% in the euro zone and by 2.3% in the European Union on year in the last quarter of 2017, compared to the same period last year, while Portuguese hourly pay rose 4.7%, Eurostat said.

Hourly pay rises in Portugal by more than EU average

 

Figures published on Friday by the official EU statistics office show that the increase in cost of labour in Europe in the fourth quarter increased by a similar amount to the previous quarter, but in Portugal those figures rose from a drop of 1.1% in the third quarter to a rise of 4.7% compared to the last quarter of 2016.

 

However, the biggest increases were recorded in Romania (14.3%), Bulgaria (12.2%) and Hungary (8.6%), while at the opposite end of the list there were slight decreases in Finland (-0.7%) and Italy (-0.2%).

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Edition 1505
15 December 2018
Edition: 1505

Read this week's issue online exactly as it appears in print.

Twitter

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