{"entity":{"iso2":null,"iso3":null,"name":"European Union - 27 countries (from 2020)","slug":"european-union-27-countries-from-2020"},"indicator":{"licence":"CC BY 4.0 (Eurostat)","slug":"labour-cost-index-by-nace-rev-2-activity-nominal-value-annual-data","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/lc_lci_r2_a","title":"Labour cost index by NACE Rev. 2 activity - nominal value, annual data","unit":null},"observations":[{"date":"2009-01-01","value":79.5},{"date":"2010-01-01","value":80.8},{"date":"2011-01-01","value":82.7},{"date":"2012-01-01","value":84.6},{"date":"2013-01-01","value":85.6},{"date":"2014-01-01","value":86.9},{"date":"2015-01-01","value":88.2},{"date":"2016-01-01","value":89.7},{"date":"2017-01-01","value":91.9},{"date":"2018-01-01","value":94.5},{"date":"2019-01-01","value":97.2},{"date":"2020-01-01","value":100.0},{"date":"2021-01-01","value":101.4},{"date":"2022-01-01","value":106.4},{"date":"2023-01-01","value":112.0},{"date":"2024-01-01","value":117.6},{"date":"2025-01-01","value":122.4}],"summary":{"latest_period":"2025-01-01","latest_value":122.4,"max":122.4,"mean":95.3765,"min":79.5,"of":4,"rank":1,"trend":"rising"}}