The labour cost per employee FTE in the poultry meat processing industry in France is set to rise from 48.0 thousand Euros in 2024 to 50.5 thousand Euros by 2028. This reflects a consistent upward trend, averaging a year-on-year increase of approximately 1.3%. In comparison to 2023, where the cost stood at 47.4 thousand Euros, this represents a noticeable uptick. Over the forecasted period, the compound annual growth rate (CAGR) is 1.3%.
Future trends to watch for include:
- Potential impact of regulatory changes on labour costs.
- Automation and technological advancements reducing workforce needs.
- Influence of economic conditions on wage inflation.
