Labour cost index

Description

The Labour Cost Index (LCI) measures the development of the costs borne by employers per hour worked on a quarterly basis. The LCI provides short-term information on economic development. It is calculated for individual economic activities (sections B to S of ÖNACE 2008) and for summaries thereof (B-S – whole economy, B-N, B-F – manufacturing sector, G-N, G-S – service sector and O-S). The following index series are created (each per hour worked):

  • Total labour costs
  • Wages and salaries
  • Indirect labour costs (employer social security contributions + taxes – subsidies)
  • Total labour costs excluding bonuses (only sections B to F of ÖNACE 2008)

The index series of sections B to S of ÖNACE 2008 are available unadjusted, adjusted for working day and adjusted for seasonal variation and working day.

The LCI is created and published in accordance with Regulation (EC) number 450/2003 and sent to Eurostat 70 days after the end of each quarter.

Graphs, Tables, Maps

Highlights

Labour Cost Index (working-day adjusted), whole economy. (graph)

S: STATISTICS AUSTRIA, Labour cost index, reference year 2016. Compiled on 14 June 2022. Most recent quarter is preliminary (may be revised with subsequent release). The whole economy includes sections B to S according to ÖNACE 2008. Currently sections H to N and P to S have no significant effect on working days; consequently the summary B to S is calculated by using working-day adjusted and unadjusted sections.

S: STATISTICS AUSTRIA, Labour cost index, reference year 2016. Compiled on 14 June 2022. Most recent quarter is preliminary (may be revised with subsequent release). The whole economy includes sections B to S according to ÖNACE 2008. Currently sections H to N and P to S have no significant effect on working days; consequently the summary B to S is calculated by using working-day adjusted and unadjusted sections.

General information service Phone: +43 1 711 28-7070 info@statistik.gv.at Available on weekdays from 9.00 am–4.00 pm