Italian Labor Cost Rises In Q3

(RTTNews) - Italy's labor cost growth stagnated at 0.5% sequentially in the third quarter, the statistical office Istat said Tuesday. The increase in gross wages in industry was 0.7% and that in services at 0.4%.

On an annual comparison, labor cost grew at a slower pace of 3.2% after increasing 3.4% in the second quarter. Wages in industry rose 3.5%, while growth in services was 2.8%.