Total labour costs rise by 3.9% y/y in Poland in Q2 of 2012.

By bne IntelliNews September 18, 2012
Total hourly labour costs in Poland grew by 3.9% y/y in Q2 of 2012 (after rising by 2.2% y/y a quarter earlier) and in the economies of the 27 member states of the European Union (EU) they were up by 1.6% y/y, the European statistical office Eurostat has announced. At that time, in Poland, wage and salary costs increased by 3.9% y/y and by 2.2%, respectively, while labor costs other than wages and salaries (including the employers' social contributions plus employment taxes) were up also by 3.9% and 2.2%, respectively. In the industry sector, Poland's total hourly labor costs grew by 3.9% in Q2, in the construction sector, they were up by 1.5% and in the services sector, they rose by 4.3%.
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