Labour costs up 8.9% in 1Q23 according to Banco de España
According to the advance data on the evolution of the main magnitudes of the behaviour of the domestic business fabric provided every three months by the Bank of Spain through what it calls the Central Balance Sheet Data Office, the average remuneration of workers in Spanish companies increased by 5.9% in the first quarter of the year, above the average inflation for the period and well above the 2.8% average…
