Metadata

On this page you will find main metadata related with the indicator you have selected.
Other metadata is also available, on the Metada System website, through next button Metadata System

 

 Labour cost index (Base - 2016)
Characteristic Description
Name Labour cost index (Base - 2016) by Economic activity (NACE Rev. 2) and Index components; Quarterly
Regularity Quarterly
Source Statistics Portugal, Labour Cost Index_Enterprise (Base 2016)
First available period 1st Quarter 2008
Last available period 4th Quarter 2022
Dimensions
  • Data reference period (Quarter)
  • Geographic localization (Portugal)
  • Economic activity (NACE Rev. 2)
  • Index components
Concepts
  • LABOUR COST:  The cost incurred by the employer in the employment of labour. It is divided into direct costs and indirect costs. Subsidies for the compensation of direct remuneration are deducted from the total cost.
  • ENTERPRISE:  Legal entity (natural or legal person) that is an organisational unit producing goods or services, which benefits from a certain degree of autonomy in decision-making, especially for the allocation of its current resources. An enterprise carries out one or more activities at one or more locations.
  • REFERENCE PERIOD:  In extracommunity trade is the calender year during which the goods are imported or exported and is determined by the date of acceptance of the Single Administrative Document by Customs Authorities. In intracommunity trade is the calendar year during which the event that originates the intracommunity transaction occurred, i.e., for arrivals, at the time of receipt of the goods by the company and for dispatches, at the time the goods left the company.
  • ECONOMIC ACTIVITY:  Combination of resources such as labour, raw materials, equipment, etc., are joined, leading to the creation of specific goods or services. Regardless of the factors of production integrating the good or service produced, all activities generically imply an input of products (goods or services), a production process and an output of products (goods or services).
Formule

The LCI is a Laspeyres index in chain

Measure unit (symbol) No applicable (-)
Power of 10  0
Observations
Last update date 10/02/2023


information presented in 29/3/2024