Main Economic Indicators, Volume 2016 Issue 12
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Main Economic Indicators, Volume 2016 Issue 12

The monthly Main Economic Indicators (MEI) presents comparative statistics that provide an overview of recent international economic developments for the 35 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 31 – Unit labour cost: total economy, percentage change over previous period

Early estimates, seasonally adjusted You or your institution have access to this content

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Main Economic Indicators, Volume 2016/12, December - © OECD 2016

‌31Unit labour cost: total economy, percentage change over previous period
Early estimates, seasonally adjusted
‌‌
‌2013‌
‌2014‌
‌2015‌
‌2016‌
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
 Q4 
 Q1 
 Q2 
 Q3 
Australia
0.5
 
-0.1
 
0.1
 
0.1
 
-0.2
 
-0.6
 
0.8
 
0.3
 
-0.1
 
-0.2
 
-0.2
 
..
 
Austria
0.6
 
0.3
 
0.7
 
0.5
 
0.6
 
0.1
 
0.5
 
0.6
 
0.2
 
0.1
 
0.4
 
0.1
 
Belgium
0.1
 
-0.3
 
-0.6
 
0.4
 
0.0
 
-0.3
 
-0.2
 
-0.1
 
-0.2
 
0.7
 
-0.8
 
0.9
 
Canada
0.0
 
0.7
 
0.2
 
0.4
 
-0.3
 
1.2
 
0.4
 
-0.2
 
0.7
 
-0.2
 
0.6
 
..
 
Chile
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Czech Republic
-1.5
 
1.8
 
-0.5
 
-0.8
 
-0.1
 
0.3
 
-0.2
 
-0.8
 
1.0
 
2.0
 
0.2
 
0.9
 
Denmark
0.6
 
0.0
 
0.8
 
-0.5
 
0.4
 
0.2
 
0.1
 
0.9
 
1.0
 
0.6
 
0.9
 
0.1
 
Estonia
2.1
 
-2.1
 
0.6
 
2.1
 
-0.1
 
5.5
 
-0.9
 
1.8
 
0.5
 
1.5
 
2.5
 
..
 
Finland
0.1
 
0.6
 
0.3
 
0.0
 
0.6
 
0.7
 
-0.4
 
0.0
 
-0.1
 
-0.3
 
0.9
 
0.7
 
France
0.1
 
0.5
 
0.2
 
-0.1
 
0.2
 
-0.2
 
0.4
 
0.2
 
0.3
 
0.1
 
0.3
 
0.1
 
Germany
0.3
 
0.8
 
0.7
 
0.5
 
0.0
 
0.4
 
0.7
 
0.6
 
0.7
 
0.0
 
0.1
 
0.7
 
Greece
-1.8
 
1.0
 
-0.6
 
-1.8
 
0.9
 
-1.6
 
-1.8
 
3.4
 
-1.1
 
1.8
 
0.5
 
-0.6
 
Hungary
-0.6
 
2.2
 
0.3
 
0.6
 
0.5
 
-1.6
 
1.8
 
0.6
 
1.1
 
3.6
 
-0.5
 
..
 
Iceland
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Ireland
3.0
 
-2.8
 
-2.6
 
-2.7
 
2.1
 
-16.0
 
1.2
 
-0.8
 
-2.5
 
3.1
 
0.3
 
..
 
Israel
0.1
 
0.7
 
0.1
 
1.5
 
-2.4
 
2.6
 
1.1
 
0.2
 
0.7
 
1.5
 
0.3
 
..
 
Italy
0.3
 
-0.3
 
-0.3
 
0.6
 
0.3
 
0.1
 
-0.2
 
0.5
 
0.1
 
-0.2
 
0.5
 
-0.1
 
Japan
0.9
 
-1.2
 
3.2
 
0.8
 
-0.4
 
-1.2
 
0.7
 
0.3
 
0.7
 
-0.3
 
0.0
 
0.4
 
Korea
-0.5
 
0.7
 
-0.3
 
0.3
 
1.3
 
-0.9
 
0.7
 
-0.1
 
0.4
 
1.1
 
-1.2
 
..
 
Latvia
1.4
 
2.0
 
0.2
 
0.6
 
0.2
 
1.5
 
1.7
 
2.9
 
2.4
 
-0.3
 
1.5
 
0.2
 
Luxembourg
4.7
 
-1.4
 
0.5
 
-2.0
 
-2.3
 
2.5
 
0.8
 
0.7
 
-3.0
 
1.6
 
-0.7
 
..
 
Mexico
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Netherlands
-1.2
 
0.7
 
-0.1
 
0.4
 
-0.1
 
-1.4
 
0.3
 
0.5
 
0.2
 
0.3
 
-0.6
 
..
 
New Zealand
0.7
 
0.9
 
-0.4
 
0.8
 
0.7
 
1.3
 
-0.6
 
0.1
 
1.5
 
1.5
 
3.6
 
..
 
Norway
0.2
 
1.5
 
0.2
 
0.5
 
-0.2
 
1.0
 
0.7
 
-1.3
 
1.3
 
-0.5
 
-0.2
 
..
 
Poland
-2.3
 
2.5
 
0.0
 
-0.2
 
-0.2
 
-2.1
 
-0.3
 
0.1
 
-0.2
 
1.4
 
0.2
 
..
 
Portugal
-0.6
 
0.0
 
-0.3
 
1.4
 
-2.8
 
1.5
 
-0.1
 
-0.9
 
0.3
 
1.6
 
0.2
 
0.6
 
Slovak Republic
0.2
 
0.4
 
0.9
 
-0.7
 
0.0
 
0.4
 
0.3
 
-0.2
 
0.9
 
0.3
 
-0.2
 
..
 
Slovenia
-1.2
 
0.3
 
-0.8
 
0.3
 
0.3
 
-0.1
 
0.1
 
0.8
 
0.4
 
0.5
 
0.4
 
-0.5
 
Spain
-0.5
 
-0.3
 
0.6
 
0.1
 
-0.1
 
0.3
 
0.0
 
-0.4
 
0.1
 
-0.1
 
0.0
 
-0.2
 
Sweden
0.5
 
-0.4
 
0.7
 
0.6
 
-0.9
 
1.2
 
0.6
 
-0.5
 
-0.6
 
0.8
 
0.2
 
..
 
Switzerland
-0.2
 
-0.2
 
-0.2
 
-0.3
 
-0.4
 
0.3
 
0.3
 
0.4
 
-1.0
 
-0.7
 
0.1
 
..
 
Turkey
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
United Kingdom
0.5
 
-0.2
 
-0.7
 
-0.2
 
0.3
 
0.1
 
0.1
 
1.1
 
-0.3
 
-0.3
 
1.4
 
0.7
 
United States
-0.3
 
2.0
 
-0.5
 
0.2
 
0.9
 
0.2
 
0.9
 
0.4
 
1.2
 
0.0
 
0.8
 
0.2
 
Euro area
0.1
 
0.3
 
0.2
 
0.2
 
0.1
 
-0.3
 
0.2
 
0.3
 
0.3
 
0.1
 
0.2
 
..
 
Major-seven
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
EU28
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
OECD-Total
0.0
 
0.8
 
0.2
 
0.3
 
0.4
 
-0.1
 
0.6
 
0.3
 
0.6
 
0.1
 
0.4
 
..
 
Other economies
 
 
 
 
 
 
 
 
 
 
 
 
Brazil
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
China
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Colombia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Costa Rica
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
India
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Indonesia
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
Lithuania
0.7
 
1.3
 
1.4
 
-0.9
 
1.6
 
1.8
 
2.0
 
0.3
 
1.0
 
1.2
 
1.1
 
..
 
Russian Federation
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
South Africa
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
 
..
Not available
Note: Data now correspond to early estimates of unit labout costs; detailed metadata at: http://metalinks.oecd.org/mei/20161207/66b1.
Information on data for Israel: http://oe.cd/israel-disclaimer.
Disclaimer: http://oe.cd/disclaimer
Source: Labour: unit labour cost, Main Economic Indicators (database)

 
 
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