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The Labour Cost Index increased by 2.5% when compared to the same quarter in 2015
Labour cost index
The Labour Cost Index increased by 2.5% when compared to the same quarter in 2015 - 2nd Quarter 2016
12 August 2016

Summary

The Labour Cost Index (LCI) working days adjusted increased by 2.5% in the 2nd quarter of 2016, compared with the same period in 2015. In the previous quarter, it was recorded a year-on-year increase of 0.7%.
The two main labour cost items are wage costs and other costs (per hour actually worked). Wage costs increased by 2.7% from the same period a year earlier and other costs increased by 1.7%.


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