Hourly labour cost in Bulgaria rose by 10.2% in Q1 2020

Trending

Latest National Statistical Institute data show that the total hourly labour cost rose by 10.2% compared to the first quarter of 2019.

The total hourly labour cost grew by 9.0% in industry, by 9.2% in services and by 8.1% in construction.

The highest annual growths in total labour costs were recorded in ”Education” – 25.9%, ”Real estate activities” – 23.2% and ”Accommodation and food service activities” by 13.5%.

Lowest annual growth is just 3.4% and is registered in ”Mining and quarrying” field.

- Advertisment -

Latest

World’s 500 largest family businesses grew their revenue by 10%

The 500 largest family businesses generate US$8.02t and employ 24.5m people across 47 jurisdictions, according to 2023 EY and...

Must read