Total Hourly Labor Costs in Bulgaria Up 3.4% Y/Y in Q2, 2013

National Statistical Institute (NSI) headquarters in Sofia, photo by Sofia Photo Agency

Total hourly labor costs in Bulgaria increased by 3.4% on the year in the second quarter of 2013, according to preliminary data of the National Statistical Institute (NSI).

The total hourly labor costs grew by 3.8% in industry and by 1.8% in services.

In the sphere of construction, total hourly labor costs rose by 4.9%.

The highest annual increases in total labor costs were registered in the spheres of education (9.3%), hospitality (9.1%) and public administration (8%).

The biggest decreases in total labor costs were registered in the spheres of arts, entertainment and recreation (10%) and real estate activities (5.6%).

In the structure of total labor costs, costs of wages and salaries per hour worked grew by 3.2% on the year, while other (non-wage) costs rose by 4.7%.

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