In 2023, the fibre cement labour cost per FTE in Italy stood at approximately 52.9 thousand euros. From 2024 to 2028, forecasts indicate a steady increase, with annual variations ranging between 1.1% and 1.2%. The compound annual growth rate (CAGR) over this five-year period reflects an average annual growth of approximately 1.2%, suggesting consistent upward momentum.
Future trends to watch for:
- Potential impacts of inflation on wage adjustments.
- Technological advancements influencing labour efficiency and costs.
- Policy changes in Italy that may affect labour market dynamics.