Year-on-Year Variations:
- 2025/2024: (91.8 - 90.6) / 90.6 * 100 = 1.32%
- 2026/2025: (93.1 - 91.8) / 91.8 * 100 = 1.42%
- 2027/2026: (94.3 - 93.1) / 93.1 * 100 = 1.29%
- 2028/2027: (95.5 - 94.3) / 94.3 * 100 = 1.27%
Average Annual Variation (CAGR 2024-2028):
CAGR = ((95.5 / 90.6)^(1/4) - 1) * 100 = 1.33%
Labour costs in the dyes and pigments sector in Belgium are forecasted to increase steadily over the next five years. The growth rate, averaging around 1.33% per year, reflects consistent inflation and potential increases in labor demand. Future trends to watch include technological advancements, shifts in labor market conditions, and regulatory changes that could impact cost structures.