{"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-quarterly-data","source":"Eurostat","source_url":"https://ec.europa.eu/eurostat/databrowser/view/lc_lci_r2_q","title":"Labour cost index by NACE Rev. 2 activity - nominal value, quarterly data","unit":null},"observations":[{"date":"2011-01-01","value":71.2},{"date":"2012-01-01","value":74.9},{"date":"2013-01-01","value":77.9},{"date":"2014-01-01","value":78.0},{"date":"2015-01-01","value":76.4},{"date":"2016-01-01","value":79.5},{"date":"2017-01-01","value":79.7},{"date":"2018-01-01","value":88.4},{"date":"2019-01-01","value":93.3},{"date":"2020-01-01","value":103.3},{"date":"2021-01-01","value":115.2},{"date":"2022-01-01","value":131.6},{"date":"2023-01-01","value":147.3},{"date":"2024-01-01","value":166.3},{"date":"2025-01-01","value":188.0},{"date":"2026-01-01","value":218.0}],"summary":{"latest_period":"2026-01-01","latest_value":218.0,"max":218.0,"mean":111.812,"min":71.2,"of":27,"rank":1,"trend":"rising"}}