In the 1st quarter of 2022, the Labour Cost Index (LCI) recorded a year-on-year increase of 1.1%. In the previous quarter, it had increased 2.6%.
The wage costs (per hour actually worked) increased by 0.4%, and the other labour costs (also per hour actually worked) increased by 3.8%, compared with the same period of the previous year.
The year-on-year development of the LCI resulted from the increase of 3.1% in the average cost per employee and the growth of 2.6% in the number of hours actually worked per employee. The increase of the former component took place in all the economic activities, with the lowest variation being recorded in the Public Administration (1.8%) and the highest being observed in construction (4.7%) and in services (4.4%). The hours actually worked per employee recorded an increase in all the economic activities, with the exception of construction, where it decreased by 1.7%. The largest increase was observed in the Public Administration (4.0%). Therefore, the LCI increased in all the economic activities, having only decreased in the Public Administration (1.9%).