10 March 2026

Harmonised Labour Cost Index (HLCI). Base 2020

Fourth Quarter 2025. Provisional data

Main results

The cost per hour worked increased by 3.8% in the annual rate in the series adjusted for calendar and seasonal effects, and 3.2% in the original series.
The activity that recorded the greatest increase in the annual rate in adjusted data was Financial and insurance activities (7.3 %).
The quarterly variation in the cost per hour worked, after eliminating calendar and seasonal effects, was 1.6%.

More information

The labour cost per hour worked, measured by the HLCI -keeping the structure by branches of activity constant- increased by 3.8% in the fourth quarter compared with the same period in the previous year, if seasonal and calendar effects are eliminated.

In unadjusted data, the annual variation of the cost per hour was 3.2%.

Variation of the general index and index adjusted for seasonal and calendar effects

Annual rate. Percentage

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The cost per hour worked increased by 3.7% at an annual rate in data corrected for seasonality and calendar effects. On the other hand, other costs increased by 4.3.

Harmonised Labour Cost Index. Fourth quarter 2025

Index and annual rates by cost components

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Results by activity sections

The activities with the highest annual rates this quarter, if seasonal and calendar effects are eliminated, were Financial and insurance activities (7.3%), Transport and storage (6.8%) and Information and communications (5.6%).

Labour costs recorded declines in Arts, entertainment and recreation (-2.9 %), and had the lowest increases in Health and social services activities (1.2 %) and Public Administration and defence, compulsory Social Security (1.9 %).

Index adjusted for seasonal and calendar effects. Activity sections. Fourth quarter 2025

Annual rate. Percentage

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Quarterly evolution of the index

The variation in the HCLI between the fourth and third quarter of 2025, eliminating the seasonality and calendar effects, was 1.6%.

Labour Cost Index adjusted for seasonal and calendar effects

Quaterly rate. Percentage

The quarterly wages cost and other costs rate, deseasonalised and corrected for calendar effects, was 1.6%, the same as the total cost.

Excluding seasonal and calendar adjustment, the quarterly rate was 2.6% mainly due to the greater weight of extraordinary payments in this quarter compared to the previous one.

Harmonised Labour Cost Index. Fourth quarter 2025

Index and quarterly rates by cost components

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Revision and updating of data

INE has today updated the HCLI data for the third quarter 2025. All results are available on INEBase.

Methodological note

The Harmonised Labour Cost Index (HLCI) is a quarterly continuous statistical operation whose objective is to provide a common and comparable measure of labour cost per hour worked for the whole of the European Union, allowing the monitoring of the evolution of said labour costs.

Indices with base 2020 are provided for total labour costs, wages and salaries and other costs net of subsidies received for the use of labour factor (includes social contributions payable by employers and non-wage payments). The index for total labour cost is also provided excluding extraordinary payments and delayed payments.

Type of operation:: Statistics presented mainly in the form of indices
Base year:: 2020.
Population scope:: Employees in local units
Sources of information:: The Quarterly Labour Cost Survey which is conducted on the basis of the Social Security contribution accounts. General Scheme: Sections B to S of CNAE-09 and Special Scheme for Seafarers: Sea Transport (Division 50 of CNAE-09). In order to cover all employees of the general government, information from the DARETRI file is used.
Geographical scope:: the entire national territory.
Reference period of the results:: the calendar quarter.
Calculation method:: Laspeyres’ Chain Index.

For more information, you can access the methodology and the standardised methodological report.

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information in Quality in the INE and Code of Good Practices.

For further information see

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