{"entity":{"iso2":"RS","iso3":"SRB","name":"Serbia","slug":"serbia"},"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":"2011-01-01","value":74.4},{"date":"2012-01-01","value":79.9},{"date":"2013-01-01","value":84.7},{"date":"2014-01-01","value":84.6},{"date":"2015-01-01","value":82.1},{"date":"2016-01-01","value":83.2},{"date":"2017-01-01","value":87.4},{"date":"2018-01-01","value":92.7},{"date":"2019-01-01","value":92.4},{"date":"2020-01-01","value":100.0},{"date":"2021-01-01","value":110.9},{"date":"2022-01-01","value":128.7},{"date":"2023-01-01","value":146.0},{"date":"2024-01-01","value":165.6},{"date":"2025-01-01","value":186.5}],"summary":{"latest_period":"2025-01-01","latest_value":186.5,"max":186.5,"mean":106.607,"min":74.4,"of":32,"rank":1,"trend":"rising"}}