The Labour Cost Index (LCI) working days adjusted increased by 7.0% in the 1st quarter of 2021. In the previous quarter the rate of change had been 6.8%.
This development was a result of the increase of 1.9% in the average cost per employee and the decrease of 4.0% in the number of hours actually worked per employee. The increase of the former component and the decrease of the latter took place in all the economic activities.
The wage costs and the other costs per hour actually worked increased by 7.6% and by 4.3%, respectively, compared with the same period of the previous year.