Labour Costs in Germany increased to 126.21 points in the fourth quarter of 2023 from 124.38 points in the third quarter of 2023. Labour Costs in Germany averaged 92.88 points from 1991 until 2023, reaching an all time high of 126.21 points in the fourth quarter of 2023 and a record low of 71.01 points in the first quarter of 1991. source: Deutsche Bundesbank
Labour Costs in Germany is expected to be 124.53 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Labour Costs is projected to trend around 131.44 points in 2025 and 133.67 points in 2026, according to our econometric models.