Labour Costs in the United Kingdom increased to 110.60 points in the second quarter of 2025 from 109.20 points in the first quarter of 2025. Labour Costs in the United Kingdom averaged 75.64 points from 1997 until 2025, reaching an all time high of 110.60 points in the second quarter of 2025 and a record low of 52.20 points in the first quarter of 1997. source: Office for National Statistics
Labour Costs in the United Kingdom is expected to be 113.35 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Labour Costs is projected to trend around 116.20 points in 2027 and 118.75 points in 2028, according to our econometric models.