Q4 2016 Eurozone labour costs 1.6% vs 1.5% prior y/y

Q4 2016 Eurozone Labour costs and wages report 20 March 2017

• Prior revised to 1.4%

• Wages 1.6% vs 1.6% prior y/y

• EU28 states labour costs 1.7% vs 1.8% prior y/y

• Q4 vacancy rates 1.7% vs 1.6% prior y/y

• EU28 states 1.8% unch y/y

Nothing earth shattering here but it all adds to the inflation picture in Europe.

Eurozone Q4 2016 labour costs y/y