News Archive Publications 14 JUNE 2011

Total labour costs per hour decreased by 4.2% from previous quarter in Manufacturing. The decrease was 3.4% in Wholesale, 2.8% in Transport and 1.5% in Construction.

Total labour costs excluding bonuses decreased between quarters by 0.8% in Manufacturing. During the same period the total labour costs excluding bonuses increased by 0.3% in Wholesale and by 0.6% in the economic activities of Construction and Transport.

From the previous year total labour costs rose in all economic activities. The increase ranged from 4.1% in Manufacturing to 8.9% in Construction.

The labour cost index measures, on a quarterly basis, the development of labour costs per hour worked. The index is not adjusted to changes in working hours or labour structure.

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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