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Euro zone Q4 labour costs up 3.3% yr/yr

ReutersMar 19, 2026 10:09 AM

- The EU statistics agency released the following data on Thursday for hourly labour costs and wages in the euro zone and the European Union in the fourth quarter.

Nominal hourly labour costs of whole economy

% change compared with same quarter of previous year - calendar adjusted

Q4 2024

Q3 2025

Q4 2025

TOTAL

WAGES

OTHER

TOTAL

WAGES

OTHER

TOTAL

WAGES

OTHER

Euro area 20

3.7

4.1

2.6

3.4

3.2

3.9

3.3

3.0

4.4

Euro area 21

3.8

4.2

2.7

3.5

3.3

3.9

3.4

3.1

4.4

EU

4.4

4.8

3.1

3.8

3.7

4.1

3.7

3.4

4.5

Belgium

2.2

2.2

2.2

:

:

:

:

:

:

Bulgaria

12.8

13.0

11.7

12.3

12.4

12.1

13.9

13.8

14.3

Czechia

6.1

6.1

6.0

6.5

6.6

6.3

7.4

7.3

7.5

Denmark

4.2

4.1

4.5

3.1

2.6

5.6

3.0

2.5

6.0

Germany

3.5

4.5

0.2

4.3

4.2

4.5

3.2

2.7

4.9

Estonia

7.0

7.0

7.1

7.1

7.1

7.1

5.2

5.4

4.8

Ireland

4.7

5.4

1.4

3.6

3.6

3.3

3.3

3.1

4.2

Greece

4.8

4.9

4.7

8.1

7.9

8.9

8.7

8.0

11.1

Spain

3.5

3.4

3.8

2.0

1.9

2.5

3.9

3.8

4.3

France

2.1

1.9

2.7

1.7

1.4

2.6

1.7

1.1

3.0

Croatia

14.4

14.3

14.7

9.4

9.1

11.1

11.0

10.5

13.8

Italy

4.1

4.1

4.0

2.3

2.0

3.0

2.6

2.3

3.5

Cyprus

5.2

4.8

6.5

3.7

3.7

4.0

2.7

2.7

2.9

Latvia

10.7

11.4

8.1

4.9

5.1

4.0

7.4

6.9

9.5

Lithuania

10.3

10.4

9.9

9.8

9.8

11.5

9.0

8.8

13.9

Luxembourg

0.3

0.4

-0.6

4.7

4.7

5.0

3.4

3.3

4.5

Hungary

11.2

11.4

9.9

8.7

8.8

8.0

8.9

9.1

6.9

Malta

6.3

6.4

4.4

-1.3

-1.3

-2.2

-3.7

-3.9

-1.6

Netherlands

6.2

6.2

6.5

5.1

4.4

7.2

4.8

4.2

6.6

Austria

5.9

5.6

6.8

2.4

2.2

3.0

3.4

3.2

3.9

Poland

13.8

13.8

13.5

7.8

7.8

7.9

7.3

7.3

7.3

Portugal

10.1

10.1

10.1

4.8

4.8

4.8

6.9

7.0

6.9

Romania

13.5

13.6

12.0

6.1

6.1

6.2

6.7

6.7

6.9

Slovenia

6.9

7.2

5.2

1.6

1.6

1.8

17.1

19.1

5.2

Slovakia

5.3

4.9

6.6

6.2

5.7

7.6

6.4

6.0

7.4

Finland

2.6

3.3

-0.8

3.2

2.9

4.4

2.9

2.6

4.0

Sweden

3.3

3.7

2.5

3.7

3.7

3.8

3.4

3.4

3.4

Norway

5.3

5.9

4.0

3.1

4.6

-5.4

1.2

4.4

-15.3

Iceland

7.5

7.5

7.4

8.2

8.1

8.7

7.2

7.0

8.1

For Eurostat release, click on:

https://ec.europa.eu/eurostat/web/main/news/euro-indicators

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
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