European Rusks, Biscuits, Preserved Pastry Goods and Cakes Labour Cost Per Employee FTE by Country

In 2023, Austria leads with the highest labor cost per employee FTE for European Rusks, Biscuits, Preserved Pastry Goods, and Cakes at 65.0 thousand Euros, closely followed by Sweden and Norway. On the other hand, Eastern European countries like Bosnia and Herzegovina, Romania, and Bulgaria report significantly lower costs, all below 10.5 thousand Euros. Countries such as Germany, France, and Spain set mid-range figures, indicating a diverse labor market across Europe. Year-on-year variations are nominal, indicating stability in labor costs over the last two years.

Future trends to watch include potential cost increases in Eastern Europe as economies grow, potentially narrowing the gap with Western countries. Additionally, economic conditions like inflation, labor market changes, and policy adjustments will importantly influence labor costs across Europe.