The hourly labour cost in Romania leapt up by 8.05% in the second quarter of this year (Q2), compared to the first quarter.

The rise was driven by both the direct costs component (wages and salaries) that increased by 8.05% QoQ and by the other costs (non-wage costs) that advanced slightly slower by 7.95%.

The most significant increases in the hourly labour cost were found in utilities (electricity, gas, steam and air conditioning supply, 23.79%), mining and quarrying (19.76%), education (19.67%), respectively financial and insurance activities (16.92%).

Compared to Q2 last year, the companies faced in Q2 an hourly labour cost that was 11.7% higher, according to the statistics office INS. 

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iulian@romania-insider.com