The typical/expected market impact of this event is low.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Labor Cost was 3.1% against a forecast of 3%.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Labor Cost result:
| Country: | Eurozone |
|---|---|
| Currency: | EUR |
| Source: | Eurostat |
| Category: | Labor Market |
| Frequency: | Quarterly |