Labour cost index by NACE Rev. 2 methods, notes and classification

Labour cost index shows the short-term development of the total cost, on an hourly basis, for employers of employing the labour force. The index covers all market economic activities except agriculture, forestry, fisheries, education, health, community, social and personal service activities. Labour costs include gross wages and salaries, employers social contributions and taxes net of subsidies connected to employment. The labour cost index is compiled as a "chain-linked Laspeyres cost-index" using a common index reference period (2008=100). The index is presented in calendar and seasonally adjusted form. Growth rates with respect to the previous quarter (Q/Q-1) are calculated from seasonally and calendar adjusted figures while growth rates with respect to the same quarter of the previous year (Q/Q-4) are calculated from calendar adjusted figures.

• • Labour costs structure
    • 00 Labour cost for LCI (compensation of employees plus taxes minus subsidies)
  • Statistical classification of economic activities in the European Community (NACE Rev. 2)
    • 000 Industry, construction and services (except activities of households as employers and extra-territorial organisations and bodies)
  • Unit of measure
    • 00 Percentage change q/q-1 (SCA)
    • 01 Percentage change q/q-4 (CA)
  • Geopolitical entity (reporting)
    • 000 European Union (EU6-1958, EU9-1973, EU10-1981, EU12-1986, EU15-1995, EU25-2004, EU27-2007, EU28-2013, EU27-2020)
    • 001 European Union - 27 countries (from 2020)
    • 002 Euro area (EA11-1999, EA12-2001, EA13-2007, EA15-2008, EA16-2009, EA17-2011, EA18-2014, EA19-2015, EA20-2023)
    • 003 Euro area – 20 countries (from 2023)
    • 004 Euro area - 19 countries (2015-2022)
    • 005 Belgium
    • 006 Bulgaria
    • 007 Czechia
    • 008 Denmark
    • 009 Germany
    • 00a Estonia
    • 00b Ireland
    • 00c Greece
    • 00d Spain
    • 00e France
    • 00f Croatia
    • 00g Italy
    • 00h Cyprus
    • 00i Latvia
    • 00j Lithuania
    • 00k Luxembourg
    • 00l Hungary
    • 00m Malta
    • 00n Netherlands
    • 00o Austria
    • 00p Poland
    • 00q Portugal
    • 00r Romania
    • 00s Slovenia
    • 00t Slovakia
    • 00u Finland
    • 00v Sweden
    • 00w Iceland
    • 00x Norway
    • 00y Serbia