Concept Glossary
Methods and standards / Concept Glossary / Labour cost index (LCI)

Concept selected: Labour cost index (LCI)

Definition

The labour cost index (LCI) is defined as the Laspeyres index of labour costs per hour worked, chain linked annually and based upon a fixed structure of economic activity at NACE Rev.1 section level.

Source

Regulation (EC) No 450/2003 of the European Parliament and of the Council of 27 February 2003 concerning the labour cost index More information

Topic

Statistical operations

(enlaces al Inventario de Operaciones Estadísticas)

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