Hourly labour costs for the business economy in the euro area rose by 2.4% in the year up to the third quarter of 2012, the same as the previous quarter. In the EU27, the annual rise was also 2.4% up to the third quarter of 2012, compared with 2.5% for the second quarter. Hourly labour costs for the mainly non-business economy rose by 1.0% in the euro area in the year up to the third quarter of 2012, compared with 0.7% in the second quarter. In the EU27, the annual rise was 0.9% in the year up to the third quarter of 2012, compared with 0.5% in the previous quarter.
A breakdown of the business economy by economic activity shows that in the euro area hourly labour costs rose by 3.2% in industry, by 2.5% in construction and by 2.0% in services in the year up to the third quarter of 2012. In the EU27, labour costs per hour grew by 3.2% in industry, by 2.6% in construction and by 2.1% in services.
Source: http://epp.eurostat.ec.europa.eu
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