Labour costs in Latvia increased by 3% in Q4

Data of Central Statistical Bureau show that, compared to the corresponding period of the previous year, hourly labour costs in the country in the 4th quarter of 2012 grew by 24 santims per hour or by 6.1%. Seasonally adjusted data (differences in number of calendar days and seasonal influence is averted) show that labour costs increased by 3.0%.... Read more...