Text size

Eurostat: Bulgaria ranks second in EU in labour costs growth

published on 12/19/22 9:25 PM

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!

Radio Bulgaria News Bulgaria Eurostat hourly wage costs Hungary largest increase

More from category

General Directorate Combating Organised Crime neutralises criminal group involved in tax crimes

During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..

published on 2/21/25 11:30 AM

Unfair trade practices are the cause of high food prices

A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..

published on 2/21/25 9:49 AM

International Fair Plovdiv hosts EU food safety conference

In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory framework. The Union of Food Industry is the organizer of the 14th National Scientific and Practical..

published on 2/21/25 9:01 AM