Preliminary data of the NSI for the fourth quarter of 2021 indicate that the total hourly labour cost rose by 12.1% compared to the fourth quarter of 2020.
The total hourly labour cost increased by 11.8% in industry, 11.4% in services and 14.4% in construction. The breakdown by economic activities showed that the highest annual growth in total labour costs was recorded in „Administrative and support service activities“ - 17.9%, „Arts, entertainment and recreation“ - 17.8% and „Human health and social work activities“ by 17.6%. A decrease in total labour costs was recorded in „Real estate activities“ by 2.3%.
In the structure of the total labour costs, the wages and salaries costs per hour worked grew by 12.7% in comparison with a year earlier, while the other (non-wage) costs rose by 9.4%. Among the economic activities in the fourth quarter of 2021 compared to the fourth quarter of 2020, the growth rate of wages and salaries component ranged from 19.3% in „Human health and social work activities“ to -3.6% in „Real estate activities“.