Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Eurostat: Bulgaria ranks second in EU in labour costs growth

Photo: Archive

Hungary and Bulgaria are the EU countries with the largest increase in hourly wage costs in the third quarter of 2022. This is according to data from the EU statistics office Eurostat. 

Compared with the same quarter of the previous year, the highest increases in hourly wage costs were recorded in Hungary (+16.6%) and Bulgaria (+16.3%). Nominal hourly labour costs in the second quarter of 2022 was 14.6%, and in the first quarter - 12.7%.

At the same time, wages in Bulgaria for 2021 are the lowest in the European Union, according to Eurostat.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rain in eastern and central Bulgaria

On Friday morning, clouds will break and decrease over the eastern half of the country, but will close again in the afternoon, bringing rain and thunderstorms in places. Lows will be between 16 and 22°C, 16°C in Sofia. Highs will be between 27 and 32°C,..

published on 7/25/24 7:05 PM

Bulgarian scientists warn of rapid warming of the Black Sea

The Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..

published on 7/25/24 6:10 PM

Bulgaria will cooperate with Australia, Romania, Croatia and Serbia in the field of cultural heritage

Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..

published on 7/25/24 5:46 PM