Labour Costs in Portugal increased to 110.60 points in the fourth quarter of 2019 from 97.80 points in the third quarter of 2019.
Labour Costs in Portugal averaged 90.82 points from 1995 until 2019, reaching an all time high of 112.50 points in the fourth quarter of 2009 and a record low of 63.20 points in the first quarter of 1995. This page provides - Portugal Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Unit Labour Costs - values, historical data and charts - was last updated on June of 2020.
Labour Costs in Portugal is expected to be 106.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Portugal to stand at 113.03 in 12 months time. In the long-term, the Portugal Unit Labour Costs is projected to trend around 115.52 points in 2021 and 118.52 points in 2022, according to our econometric models.