What are the Euro indicators?
The Commission and the European Central Bank use them for the analysis of the euro area economy and they are of particular interest to economic journalists and the financial markets. Most Euro indicators are produced by Eurostat.
What are Euroeuro-indicators and peeis?
Euro-indicators and Principal European Economic Indicators (PEEIs) provide general economic information on the euro area, European Union and individual Member States. Those statistics aim to describe the economic and labour market situation as well as price developments, which are of particularly high importance for economic and monetary policy.
Where can I find Labour Cost Index data for the EU?
Eurostat has labour cost index data available for all Member States, the euro area and the EU on a quarterly basis from the year 2000 on. Data are broken down by cost items (Total cost, Wages and salaries, Other labour costs) and by economic activity (NACE sections).
What are the indicators of the economy?
The indicators cover the following topics: Balance of payments (foreign direct investments etc.) Industry and services (industrial production, retail trade, turnover in services etc.) Labour market (unemployment, labour cost, job vacancies etc.) National accounts (GDP, debt & deficit, investments, savings, consumption etc.)
How is the Labour Cost Index calculated?
In addition to the index numbers, annual and quarterly growth rates of labour cost are also calculated. EU Member States produce the necessary estimates by using surveys, other appropriate sources such as administrative data and statistical estimation procedures.
How do you collect structural information on labour costs?
Structural information on labour costs is collected through the four-yearly Labour Cost Surveys (LCS), which provide detailed data on structure and level of labour costs, hours worked and hours paid. Data is broken down by economic activity and enterprise size.
What are the recent trends in the EU labour cost index?
Labour cost index - recent trends. In the first quarter of 2019, annual growth in labour costs was 2.4 % in the euro area and 2.6 % in the EU. In the first quarter of 2019, the highest annual increases in hourly labour costs in the EU were registered in Romania (16 %) and Bulgaria (13 %).
What is included in the labour cost table?
The table has current values for Labour Costs, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts.