As of 2024, the labour cost per employee FTE in the clay bricks, tiles, and construction products sector in Germany stands at 65.8 thousand Euros. This represents a forecasted increase over the next years, with expected values of 67.0 thousand Euros in 2025, 68.3 thousand Euros in 2026, 69.5 thousand Euros in 2027, and 70.8 thousand Euros in 2028. This progression reflects a steady growth in labor costs.
- The year-on-year increase from 2024 to 2025 is approximately 1.83%.
- Between 2025 and 2026, the increase is approximately 1.94%.
- From 2026 to 2027, the rise is about 1.76%.
- Between 2027 and 2028, the growth is roughly 1.87%.
The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around 1.85%, indicating a consistent upward trend in labor costs over this period.
Looking forward, sectors may need to monitor inflationary pressures, wage negotiation outcomes, and economic policy changes that could impact labor costs. Additionally, technological advances and shifts in housing demand could also influence future labor expenses in the construction industry.
