Hourly pay rises in Portugal by more than EU average

By TPN/Lusa, in News · 16-03-2018 16:38:00 · 0 Comments
Hourly pay rises in Portugal by more than EU average

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.

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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