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Economic Calendar

European UnionLabor Cost Index

The Labor Cost Index (LCI), released quarterly by Eurostat, shows the total cost on an hourly basis of employing labour in the Eurozone. In other words, the LCI measures the cost pressure arising from the production factor 'labor'. Labor costs are divided between wages and salaries and non-wage costs, and can be a leading indicator of inflation. Generally, a high reading tends to support the Euro (EUR), while a low reading tends to weigh on it.

Country:European Union
Currency:EUR
Frequency:Quarter

Next Event -

Previous
3.6%
Revised
3.9%
Consensus
3.5%
Actual
3.3%

The typical/expected impact on EUR pairs is Low.

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Most Recent -

Consensus
3.5%
Actual
3.3%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Past Events

DateTimeActualConsensus
17 December 202510:003.3%3.5%
16 September 202509:003.6%3.7%
16 June 202509:003.4%3.2%
19 March 202510:003.7%-
16 December 202410:004.6%4.6%
16 September 202409:004.7%-
17 June 202409:005.1%4.9%
19 March 202410:003.4%-
15 December 202310:005.3%-
15 September 202309:004.5%-
16 June 202309:005%3.3%
17 March 202310:005.7%3%
19 December 202210:002.9%3%
15 September 202209:004%1.4%
16 June 202209:003.2%-
18 March 202210:001.9%1.3%
16 December 202110:002.5%-
15 September 202109:00-0.1%-
16 June 202109:001.5%3.3%
18 March 202110:003%-