The Spanish statistical office INE released its labour costs data on Friday. The labour cost per employee per month rose 1.2% year-over-year in the fourth quarter, after a 0.3% increase in the previous quarter.
The labour cost per employee per month declined by 0.4% in the industry and by 2.1% in the construction, while climbed 1.9% in the services sector.
The labour cost per hour worked jumped 1.6% year-on-year in the fourth quarter.
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