Total hourly labour costs in Poland grew by 2.1% y/y in Q3 of 2013 (after rising by 2.0% y/y a quarter earlier) and in the economies of the 28 member states of the European Union (EU), they were up by 1.0% y/y, according to Eurostat.
At that time, in Poland, wage and salary costs were up by 2.1% y/y, while labour costs other than wages and salaries (including the employers' social contributions plus employment taxes) were up by 2.2%.
In the industry sector, Poland's total hourly labour costs grew by 2.7% in Q3, in the construction sector, they were up by 0.7% and in the services sector, they rose by 3.0%.
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more
Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more