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Spain Labor Cost Still Flat In First Quarter

June 16, 2017
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INE on Friday said the labor cost in Spain was still flat in the first quarter of the year.

The statistical bureau’s figures showed that Spain’s labor cost fell an annual 0.8 percent in the fourth quarter and 0.5 percent in the previous quarter.

Labor cost in industry advanced by 0.9 percent, but that was offset by a 1.3 percent decline in construction and 0.1% decrease in services.

The material has been provided by InstaForex Company – www.instaforex.com

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