The forecasted labour cost per employee FTE in Germany's electrical and electronic equipment sector for motor vehicles shows a consistent upward trend from 2024 to 2028. From a baseline of 75.1 thousand euros in 2024, the projections suggest an annual increase, reaching 81.2 thousand euros by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.09% over this five-year period. This increase reflects a steady rise in labour expenses, likely driven by inflationary pressures, technological advancements, and increased demand for specialized skills.

Looking ahead, potential future trends to watch include:

The impact of automation and AI on labour cost dynamics.
Shifts in global supply chains that might influence labour costs.
The availability and cost of skilled labour in response to evolving market needs.