Bulgaria: Labor Hour Costs Increased 5.1 % in Q4 2012

Politics ♦ Published: March 30, 2013; 18:58 ♦ (Vindobona)

Preliminary data of NSI for the Fourth Quarter of 2012 indicated that the total hourly labour cost rose by 5.1% compared to the Fourth Quarter of 2011.

Bulgaria: Labor Hour Costs Increased 5.1 % in Q4 2012 / Picture: © Vindobona.org

The total hourly labour cost grew by 2.9% in industry and by 9.1% in services. In construction the total hourly labour costs decreased by 2.4%.

The breakdown by economic activities showed that the highest annual growths in total labour costs were recorded in ‘Other service activities’ - 26.3%, ‘Wholesale and retail trade; repair of motor vehicles and motorcycles’ - 18.0%,…