Labour Costs in Italy increased to 106.90 points in the fourth quarter of 2023 from 106.40 points in the third quarter of 2023. Labour Costs in Italy averaged 87.65 points from 1980 until 2023, reaching an all time high of 111.60 points in the second quarter of 2023 and a record low of 44.50 points in the first quarter of 1980. source: National Institute of Statistics (ISTAT)

Labour Costs in Italy is expected to be 118.97 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Labour Costs is projected to trend around 111.65 points in 2025 and 113.33 points in 2026, according to our econometric models.



Related Last Previous Unit Reference
Employed Persons 23849.00 23779.00 Thousand Mar 2024
Employment Rate 62.10 61.90 percent Mar 2024
Full Time Employment 15197.00 15149.00 Thousand Dec 2023
Labor Force Participation Rate 66.98 67.00 percent Mar 2024
Labour Costs 106.90 106.40 points Dec 2023
Part Time Employment 3575.00 3419.00 thousand Dec 2023
Productivity 106.90 106.40 points Dec 2023
Unemployed Persons 1854.97 1908.18 Thousand Mar 2024
Unemployment Rate 7.20 7.40 percent Mar 2024
Wage Growth 7.90 2.70 percent Dec 2023
Wages in Manufacturing 111.00 111.00 points Dec 2023
Youth Unemployment Rate 20.09 22.36 percent Mar 2024

Italy Labour Costs
Actual Previous Highest Lowest Dates Unit Frequency
106.90 106.40 111.60 44.50 1980 - 2023 points Quarterly
2015=100, SA