Turkey's hourly labour cost index rose by 8,5%

Hourly earnings index, in Turkey,  showing changes in regular and irregular payments to employees rose by 8.3% in the fourth quarter of 2012 compared to same quarter of the previous year for the total of covered economic activities. Economic activity breakdown shows that this...

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Turkey's hourly labour cost index rose by 8,5%



Balkans.com Business News Correspondent - 11.03.2013

Hourly earnings index, in Turkey,  showing changes in regular and irregular payments to employees rose by 8.3% in the fourth quarter of 2012 compared to same quarter of the previous year for the total of covered economic activities. Economic activity breakdown shows that this figure was 7.5% for industry sector, 8.4% for construction sector and 10% for services sector.   The highest increase in hourly earnings index was in economic activity M (Professional, scientific and technical activities) with 23.8% in the fourth quarter of 2012 compared to same quarter of the previous year. Turkey's hourly labour cost index with the base year of 2008 showing the hourly changes in whole labour cost items rose by 8.5 % in the fourth quarter of 2012 compared to same quarter of the previous year for the total of covered economic activities. The breakdown by economic activity shows that this increase was 8% for industry sector, 8.6% for construction sector and 9.8% for services sector. 
The highest increase in hourly labour cost index was in economic activity M (Professional, scientific and technical activities) with 23.4% in the fourth quarter of 2012 compared to same quarter of the previous year.  Source; Statistical office


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