Labour Costs in Turkey decreased to 162.85 Index Points in the fourth quarter of 2018 from 166.66 Index Points in the third quarter of 2018. Labour Costs in Turkey averaged 91.36 Index Points from 2007 until 2018, reaching an all time high of 166.66 Index Points in the third quarter of 2018 and a record low of 56.26 Index Points in the second quarter of 2009.
Labour Costs in Turkey is expected to be 165.00 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 185.00 in 12 months time. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 215.00 Index Points in 2020, according to our econometric models.