The labour cost per employee FTE in the construction of roads and railways in Germany is forecast to rise steadily from 2024 to 2028, moving from 60.1 to 64.3 thousand euros. With 2023 as the base year, where labour cost was lower, the year-on-year increase is approximately 1.7% from 2024, reflecting a consistent upward trajectory through 2028. This consistent growth is underscored by a Compound Annual Growth Rate (CAGR) of around 1.7%, suggesting steady inflationary pressures on labour costs in this sector over the five-year period.
Future trends to watch for include potential impacts from technological advancements in construction processes that could influence labour efficiency and costs. Additionally, changes in policy or economic conditions, such as shifts in infrastructure investment levels or labour market dynamics, could also affect these projections.
