{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"hu-labour-cost-index","url":"https://apiardata.com/statistics/hu-labour-cost-index","html_url":"https://apiardata.com/statistics/hu-labour-cost-index/","title":"Hungary Labour Cost Index (2025)","description":"Hungary's Labour Cost Index: 174.7 Index (2016=100) in 2025, +9.3% YoY. Eurostat (LC_LCI_R2_A), 2008–2025.","domain":"prices","category":"Prices & Inflation","keywords":["Prices & Inflation","Eurostat","Hungary","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"Hungary","temporal_coverage":"2008/2025","unit":"Index (2016=100)","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2025","variable_measured":"Hungary Labour Cost Index","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_R2_A/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2008–2025"},{"label":"Observations","value":"18"},{"label":"Geography","value":"Hungary"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Hungary (2025)","value":"174.7","unit":"Index (2016=100)","trend":{"direction":"up","value":"+9.3% YoY"}},{"label":"YoY Change","value":"+9.3%","unit":"Index (2016=100)"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"18","unit":"years of data"}],"series":[{"key":"value","label":"Hungary Labour Cost Index"}],"observation_count":18,"observations":[{"period":"2008","value":56.9},{"period":"2009","value":56.4},{"period":"2010","value":55.2},{"period":"2011","value":57.8},{"period":"2012","value":61.2},{"period":"2013","value":62.8},{"period":"2014","value":64.7},{"period":"2015","value":67},{"period":"2016","value":70.2},{"period":"2017","value":77.2},{"period":"2018","value":84.6},{"period":"2019","value":93.6},{"period":"2020","value":100},{"period":"2021","value":107.2},{"period":"2022","value":123.3},{"period":"2023","value":142.1},{"period":"2024","value":159.9},{"period":"2025","value":174.7}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"Index (2016=100)"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"174.7","yoyChange":"+9.3%"},{"year":"2024","value":"159.9","yoyChange":"+12.5%"},{"year":"2023","value":"142.1","yoyChange":"+15.2%"},{"year":"2022","value":"123.3","yoyChange":"+15.0%"},{"year":"2021","value":"107.2","yoyChange":"+7.2%"},{"year":"2020","value":"100.0","yoyChange":"+6.8%"},{"year":"2019","value":"93.6","yoyChange":"+10.6%"},{"year":"2018","value":"84.6","yoyChange":"+9.6%"},{"year":"2017","value":"77.2","yoyChange":"+10.0%"},{"year":"2016","value":"70.2","yoyChange":"+4.8%"},{"year":"2015","value":"67.0","yoyChange":"+3.6%"},{"year":"2014","value":"64.7","yoyChange":"+3.0%"},{"year":"2013","value":"62.8","yoyChange":"+2.6%"},{"year":"2012","value":"61.2","yoyChange":"+5.9%"},{"year":"2011","value":"57.8","yoyChange":"+4.7%"},{"year":"2010","value":"55.2","yoyChange":"-2.1%"},{"year":"2009","value":"56.4","yoyChange":"-0.9%"},{"year":"2008","value":"56.9","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks the nominal labour cost index (wages + non-wage costs) across the business economy (NACE B-S) in Hungary from 2008 to present, indexed to 2016=100. Labour costs are the primary driver of service-sector inflation and manufacturing location decisions. It is published by Eurostat and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2025. Eurostat typically publishes this series with a lag of several months after the reference period. The series runs 2008–2025 (18 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 174.7 Index (2016=100) in 2025 and reached its lowest recorded value of 55.2 in 2010. The latest reading of 174.7 in 2025 represents a change of +14.8."}]}