The hourly cost of labor in Romania increased by 4.3% in the second quarter of the year compared to the previous quarter and by 7.6% year-on-year.

The most significant increases in the second quarter of the year compared to the previous one were recorded in the mining and quarrying industry (20.7%), production and supply of energy and gas (14.6%) and financial and insurance services (11.4%). The hourly cost of labor went down only in the construction sector (-1.7%).

Compared to the second quarter of 2014, however, the biggest increases in the hourly cost of labor were recorded in other service activities (14.1%), administrative and support services (13.9%), and IT&C (11.3%).

editor@romania-insider.com