Bulgaria's hourly labour costs rise 3.5% y/y in Q3

Bulgaria's hourly labour costs rise 3.5% y/y in Q3

Hourly labour costs in Bulgaria in the third quarter of 2020 increased by 3.5% on the year, the National Statistical Institute (NSI) said on Monday, citing preliminary data.

Salary costs rose by an annual 3.4% in the July-September period, while other labour costs increased 3.9% year-on-year, the NSI said in a statement.

Hourly labour costs rose the most in services - by 4.3%. The construction segment showed an increase of 3.2%, while hourly labour costs in the industry sector fell 0.6%

In terms of economic activities, the highest growth rate, of 23.9%, was recorded in the real estate sector.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.