Turkey's labor cost index rises by 11 pc in Q3

Hourly labor cost index rose by 11 percent year-on-year in the third quarter of 2010.

Turkey's labor cost index rises by 11 pc in Q3

Hourly labor cost index rose by 11 percent year-on-year in the third quarter of 2010.

Turkish Statistical Board, TurkStat, released on Friday labor cost index for the third quarter (July, August, September).

Hourly earning index rose by 10.5 percent in the same period.

Hourly labor cost index with the base year of 2008 showing the hourly changes in whole labor cost items rose by 11% in the third quarter of 2010 compared to same quarter of 2009. The increase was 11.5% for industry sector, 10.5% for construction sector and 10.4% for services sector.

Hourly earning index showing changes in regular and irregular payments to employees rose by 10.5% in the third quarter of 2010. The figure was 10.3% for industry sector, 10.5% for construction sector and 10.8% for services sector.


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Last Mod: 17 Aralık 2010, 12:14
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