As of 2024, the labour cost per employee FTE for natural gas extraction in Italy is forecasted to start at 108.5 thousand Euros, reflecting a steady upward trend through 2028, reaching 110.0 thousand Euros. From 2024 to 2028, the expected increase each year is around 0.4% to 0.5% annually. This incremental rise underscores a consistent growth in labour costs, with a CAGR of approximately 0.34% over the five-year period. Data from 2023 indicates these figures are a continuation of prior costs, with only moderate increases anticipated.
Future trends to watch include potential impacts from technological advancements that could affect labour efficiencies and costs. Additionally, geopolitical factors and Italy’s energy policy changes could also influence future labour cost variations in the natural gas sector.