Labour cost index and percentage change
| Nace | Industry sector | May 2024 (January 2008=100) | Percentage change from May prel. 2023 |
|---|---|---|---|
| Wage-earners | Private sector | ||
| B | Mining and quarrying | 170.4 | 2.3 |
| B–E | Mining and quarrying, Manufacturing, Electricity, gas, steam and air conditioning supply and Water supply; sewerage, waste management and remediation activities | 153.0 | 4.3 |
| B+C | Mining and quarrying + Manufacturing | 153.3 | 4.4 |
| C | Manufacturing | 152.5 | 4.4 |
| 25–30,33 | Engineering industry | 152.7 | 5.0 |
| D | Electricity, gas, steam and air conditioning supply | 150.1 | 4.2 |
| E | Water supply; sewerage, waste management and remediation activities | 149.3 | 4.3 |
| F | Construction | 153.4 | 4.4 |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 154.2 | 2.0 |
| G+I | Wholesale and retail trade, Accommodation and food service activities | 152.2 | 3.3 |
| H | Transportation and storage | 144.8 | 1.9 |
| H+J | Transportation and storage, nformation and communication | 145.7 | 2.2 |
| I | Accommodation and food service activities | 155.7 | 6.1 |
| K–N | Financial and insurance activities, Real estate, Professional, scientific and technical activities, Administrative and support service activities | 152.0 | 4.0 |
| L | Real estate activities | 151.2 | 4.9 |
| N | Administrative and support service activities | 152.4 | 4.2 |
| P–S | Education, Human health and social work activities, Arts, entertainment and recreation, Other service activities | 147.0 | 0.8 |
| Q | Human health and social work activities | 148.6 | 0.4 |
| R | Arts, entertainment and recreation | 148.3 | 2.1 |
| S | Other service activities | 143.4 | 2.9 |
| B–S excl. O | Total | 149.7 | 3.6 |
| Salaried employees | Private sector | ||
| B | Mining and quarrying | 159.4 | 3.0 |
| B–E | Mining and quarrying, Manufacturing, Electricity, gas, steam and air conditioning supply and Water supply; sewerage, waste management and remediation activities | 155.5 | 5.1 |
| B+C | Mining and quarrying + Manufacturing | 155.5 | 5.1 |
| C | Manufacturing | 155.4 | 5.1 |
| 25–30,33 | Engineering industry | 154.4 | 5.4 |
| D | Electricity, gas, steam and air conditioning supply | 159.0 | 5.6 |
| E | Water supply; sewerage, waste management and remediation activities | 163.5 | 4.7 |
| F | Construction | 171.7 | 5.6 |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 157.2 | 5.9 |
| G+I | Wholesale and retail trade, Accommodation and food service activities | 156.7 | 5.7 |
| H | Transportation and storage | 163.5 | 5.6 |
| H+J | Transportation and storage, nformation and communication | 163.3 | 4.3 |
| I | Accommodation and food service activities | 152.6 | 2.3 |
| J | Information and communication | 158.2 | 3.8 |
| K | Financial and insurance activities | 166.4 | 2.8 |
| K–N | Financial and insurance activities, Real estate, Professional, scientific and technical activities, Administrative and support service activities | 160.8 | 4.3 |
| L | Real estate activities | 159.3 | 5.1 |
| M | Professional, scientific and technical activities | 153.2 | 2.7 |
| N | Administrative and support service activities | 173.3 | 8.1 |
| P | Education | 174.6 | 6.1 |
| P–S | Education, Human health and social work activities, Arts, entertainment and recreation, Other service activities | 166.8 | 4.5 |
| Q | Human health and social work activities | 169.3 | 2.3 |
| R | Arts, entertainment and recreation | 155.2 | 6.7 |
| S | Other service activities | 163.3 | 5.6 |
| B–S excl. O | Total | 160.4 | 4.9 |
Definitions and explanations
Important information on preliminary and final Labour Cost Indices.
A preliminary index, excluding retroactive wages, is published about 8 weeks after the end of the measuring period. The definitive index, which includes retroactive wages, is published about 12 months later. New additions of earning data and computed retroactive wages and salaries are included in the definitive Labour Cost Index.
Users of the Labour Cost Index as a basis for price adjustments should note that a mixture of preliminary and final indices could lead to a bias in favour of one party at the expense of the other. Therefore, either preliminary or final indices should be used consistently throughout as a basis for price adjustments.
More about the results
Source
SCB
Last updated
2024-07-30