Hourly labor costs rise in Cyprus by 0.4% in Q2 2017, says Eurostat

Hourly labor costs Cyprus increased by 0.4% in the second quarter 2017 according to eurostat. Eurostat announced that the wage part of the labor costs rose by 0.5% but other accompanying costs dropped by -0.1%. The two main components of labor costs are wages and salaries and non-wage costs.

Source: Cyprus News Agency

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