Growth in unit labour costs stable at 0.3% in OECD countries in third quarter 2009
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12/02/2010 - Unit labour costs in the total economy rose 0.3% in OECD countries in the third quarter of 2009, the same rate of growth as in the previous quarter.
In the major seven economies, unit labour costs rose 0.2% in the third quarter of 2009, unchanged from the previous quarter. In the Euro area cost growth slowed to 0.1%, from 0.7% in the second quarter. etc.
The next publication date of the OECD System of quarterly unit labour cost indexes will be on 19 May 2010.
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or firstname.lastname@example.org; others should contact the Statistics Directorate on email@example.com.
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OECD Main Economic Indicators (MEI)