Labour Costs in Turkey increased to 188.85 Index Points in the first quarter of 2019 from 162.92 Index Points in the fourth quarter of 2018. Labour Costs in Turkey averaged 93.34 Index Points from 2007 until 2019, reaching an all time high of 188.85 Index Points in the first quarter of 2019 and a record low of 56.26 Index Points in the second quarter of 2009.
Labour Costs in Turkey is expected to be 195.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Turkey to stand at 205.00 in 12 months time. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 220.00 Index Points in 2020, according to our econometric models.