In 2017, the economic upturn in the Austrian manufacturing sector led to an improvement in the unit labour cost position compared
with the weighted average of all trading partners. Productivity increased more strongly than in previous years, while labour
costs in Austria rose only moderately. The Austrian unit labour cost position also improved in comparison with Germany and
the other EU trading partners.
Keywords:Unit labour costs, price competitiveness, manufacturing TP_Wettbewerbsfaehigkeit_Produktion
Forschungsbereich:Industrie-, Innovations- und internationale Ökonomie – Arbeitsmarktökonomie, Einkommen und soziale Sicherheit