LABOUR COSTS RISE.

• Position: Brief article

Hourly labour costs (wages and salaries plus non-wage costs) in the eurozone rose by 2.7% in the third quarter of 2011, compared with 3.3% in the previous quarter. In the EU27, the annual increase was 2.6% in the third quarter of 2011, compared with 3.2% in the previous quarter, Eurostat reported, on 16 December. In the EU27, hourly wages and salaries expanded by 2.6% and non-wage costs by 3.2% in the third quarter of 2011, compared...