Main Economic Indicators, Volume 2012 Issue 10
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Main Economic Indicators, Volume 2012 Issue 10

The monthly Main Economic Indicators (MEI) presents comparative statistics that provide an overview of recent international economic developments for the 34 OECD countries, the euro zone and a number of non-member economies.

This indispensable and unique source of key short-term statistics is a vehicle for analysis for corporate planners, economists, academics, researchers and students. Using the most up-to-date, user-friendly tabular presentation, the indicators cover national accounts, business surveys and consumer opinions, leading indicators, retail sales, production, construction, prices, employment, unemployment, wages, finance, international trade and balance of payments.

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Table 44 – Real effective exchange rate: relative unit labour costs, 2005=100 You or your institution have access to this content

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Main Economic Indicators, Volume 2012/10, October - © OECD 2012

‌44Real effective exchange rate: relative unit labour costs, 2005=100
‌‌
‌‌
‌2010‌
‌2011‌
‌2012‌
‌2009‌
‌2010‌
‌2011‌
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
Australia
104.7
 
115.8
 
..
 
112.8
 
114.5
 
123.2
 
126.8
 
131.4
 
129.0
 
..
 
..
 
..
 
Austria
95.3
 
93.4
 
..
 
93.1
 
92.8
 
93.3
 
93.6
 
93.5
 
92.7
 
..
 
..
 
..
 
Belgium
105.8
 
101.0
 
..
 
100.3
 
99.9
 
100.3
 
99.7
 
100.8
 
100.5
 
..
 
..
 
..
 
Canada
107.7
 
117.6
 
..
 
117.5
 
116.9
 
120.2
 
123.4
 
125.4
 
124.3
 
..
 
..
 
..
 
Chile
110.0
 
119.1
 
..
 
116.7
 
119.7
 
123.3
 
121.1
 
120.9
 
120.7
 
..
 
..
 
..
 
Czech Republic
100.3
 
98.5
 
..
 
97.5
 
98.7
 
98.9
 
99.4
 
100.0
 
99.6
 
..
 
..
 
..
 
Denmark
100.8
 
95.4
 
..
 
94.6
 
94.1
 
95.4
 
95.8
 
96.9
 
96.7
 
..
 
..
 
..
 
Estonia
132.0
 
107.6
 
..
 
108.6
 
104.0
 
101.1
 
98.0
 
98.1
 
99.3
 
..
 
..
 
..
 
Finland
89.7
 
85.2
 
..
 
84.4
 
84.1
 
84.7
 
84.2
 
84.9
 
84.0
 
..
 
..
 
..
 
France
105.6
 
101.7
 
..
 
101.2
 
100.8
 
101.1
 
100.1
 
101.5
 
100.4
 
..
 
..
 
..
 
Germany
100.8
 
97.8
 
..
 
97.7
 
96.4
 
95.9
 
94.7
 
95.4
 
94.6
 
..
 
..
 
..
 
Greece
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Hungary
91.8
 
84.8
 
..
 
83.9
 
81.4
 
84.6
 
85.1
 
87.3
 
84.0
 
..
 
..
 
..
 
Iceland
53.3
 
60.0
 
..
 
58.3
 
63.4
 
65.3
 
63.5
 
62.4
 
62.7
 
..
 
..
 
..
 
Ireland
84.3
 
70.7
 
..
 
70.5
 
67.9
 
67.8
 
66.9
 
66.6
 
65.2
 
..
 
..
 
..
 
Israel
107.8
 
116.6
 
..
 
117.4
 
115.6
 
119.0
 
119.9
 
120.7
 
116.0
 
..
 
..
 
..
 
Italy
110.1
 
106.7
 
..
 
104.5
 
105.6
 
109.4
 
112.7
 
113.4
 
113.1
 
..
 
..
 
..
 
Japan
93.5
 
97.3
 
..
 
93.2
 
100.1
 
102.6
 
103.2
 
101.8
 
105.5
 
..
 
..
 
..
 
Korea
63.5
 
66.8
 
..
 
68.0
 
65.3
 
65.3
 
64.8
 
65.2
 
64.2
 
..
 
..
 
..
 
Luxembourg
114.2
 
100.5
 
..
 
99.9
 
98.4
 
98.5
 
97.0
 
98.1
 
97.7
 
..
 
..
 
..
 
Mexico
79.0
 
85.7
 
..
 
86.8
 
85.1
 
86.8
 
88.8
 
90.7
 
86.2
 
..
 
..
 
..
 
Netherlands
99.2
 
92.8
 
..
 
92.1
 
91.2
 
91.8
 
91.6
 
92.7
 
92.6
 
..
 
..
 
..
 
New Zealand
85.8
 
93.8
 
..
 
93.6
 
94.6
 
95.4
 
93.3
 
95.1
 
98.3
 
..
 
..
 
..
 
Norway
110.9
 
119.5
 
..
 
119.5
 
119.5
 
120.6
 
124.8
 
126.5
 
127.8
 
..
 
..
 
..
 
Poland
79.0
 
77.5
 
..
 
76.4
 
77.0
 
78.2
 
78.3
 
77.5
 
73.0
 
..
 
..
 
..
 
Portugal
95.8
 
95.9
 
..
 
95.5
 
95.6
 
96.2
 
96.3
 
97.2
 
97.2
 
..
 
..
 
..
 
Slovak Republic
134.3
 
131.0
 
..
 
133.8
 
128.2
 
125.9
 
126.5
 
127.7
 
127.1
 
..
 
..
 
..
 
Slovenia
112.0
 
108.9
 
..
 
108.1
 
108.2
 
108.4
 
108.0
 
108.3
 
107.9
 
..
 
..
 
..
 
Spain
108.1
 
103.8
 
..
 
103.2
 
103.0
 
103.4
 
102.7
 
103.3
 
102.8
 
..
 
..
 
..
 
Sweden
97.7
 
93.9
 
..
 
94.0
 
93.0
 
92.0
 
91.7
 
91.2
 
89.6
 
..
 
..
 
..
 
Switzerland
107.5
 
112.8
 
..
 
109.2
 
115.8
 
118.1
 
121.7
 
127.7
 
137.2
 
..
 
..
 
..
 
Turkey
72.7
 
75.6
 
..
 
76.2
 
76.3
 
76.1
 
70.4
 
70.1
 
..
 
..
 
..
 
..
 
United Kingdom
83.0
 
87.5
 
..
 
86.7
 
89.4
 
88.4
 
89.5
 
88.6
 
88.8
 
..
 
..
 
..
 
United States
90.6
 
84.4
 
..
 
86.4
 
84.7
 
81.3
 
79.5
 
76.6
 
76.8
 
..
 
..
 
..
 
Euro area
108.3
 
99.9
 
..
 
98.6
 
97.3
 
98.6
 
97.9
 
99.6
 
98.1
 
..
 
..
 
..
 
Major-seven
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
EU27
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
OECD-Total
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Other economies
 
 
 
 
 
 
 
 
 
 
 
 
Brazil
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
China
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
India
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Indonesia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Russian Federation
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
South Africa
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
Not available
Note: Detailed metadata at: http://metalinks.oecd.org/mei/20121005/c68d.
Information on data for Israel: http://oe.cd/israel-disclaimer.
Disclaimer: http://oe.cd/disclaimer

 
 
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