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 Labour cost index (Annual average growth rate - working days adjusted - Base 2008 - %)
Characteristic Description
Name Labour cost index (Annual average growth rate - working days adjusted - Base 2008 - %) by Economic activity (NACE Rev. 2) and Index source of variation; Annual
Regularity Annual
Source Statistics Portugal, Labour cost index (Base 2008)
First available period 2009
Last available period 2018
Dimensions
  • Data reference period
  • Geographic localization (Portugal)
  • Economic activity (NACE Rev. 2)
  • Index source of variation
Concepts
  • LABOUR COST:  The cost incurred by the employer in the employment of labour. It is divided into direct costs and indirect costs. Subsidies for the compensation of direct remuneration are deducted from the total cost.
  • LOCAL UNIT:  An enterprise or part thereof (e.g. a workshop, factory, warehouse, office, mine or depot) situated in a geographically identified place. At or from this place economic activity is carried out for which ' save for certain exceptions ' one or more persons work (even if only part-time) for one and the same enterprise.
  • ECONOMIC ACTIVITY:  Combination of resources such as labour, raw materials, equipment, etc., are joined, leading to the creation of specific goods or services. Regardless of the factors of production integrating the good or service produced, all activities generically imply an input of products (goods or services), a production process and an output of products (goods or services).
  • REFERENCE PERIOD:  Period to which the information refers and which may be a specific day or a time interval (month, fiscal year, calendar year, among others).
Formule [(Annual average variation in labour cost index on year n/ Annual average variation in labour cost index on year (n-1))*100 - 100]
Measure unit (symbol) Percentage (%)
Power of 10  0
Observations
Last update date 13/02/2019


information presented in 18/12/2025