{"entity":{"iso2":"MT","iso3":"MLT","name":"Malta","slug":"malta"},"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":"Index, 2020=100"},"observations":[{"date":"2003-01-01","value":57.1},{"date":"2004-01-01","value":59.5},{"date":"2005-01-01","value":60.8},{"date":"2006-01-01","value":62.8},{"date":"2007-01-01","value":64.5},{"date":"2011-01-01","value":76.2},{"date":"2012-01-01","value":79.1},{"date":"2013-01-01","value":81.9},{"date":"2014-01-01","value":85.5},{"date":"2015-01-01","value":91.3},{"date":"2019-01-01","value":102.7},{"date":"2020-01-01","value":100.0},{"date":"2021-01-01","value":104.4},{"date":"2022-01-01","value":112.3},{"date":"2023-01-01","value":117.4},{"date":"2024-01-01","value":122.6},{"date":"2025-01-01","value":122.0}],"summary":{"latest_period":"2025-01-01","latest_value":122.0,"max":122.6,"mean":88.2412,"min":57.1,"of":32,"rank":22,"trend":"rising"}}