In 2023, the labour cost per employee FTE in the stone, sand, and clay quarrying sector in Italy stood at approximately €56.8k. In 2024, this is forecasted to increase to €57.5k. The projected increases will bring the cost to €60.8k by 2028, showing a steady upward trend.
The year-on-year variation from 2024 to 2025 is approximately 1.4%, and from 2025 to 2026 is 1.5%. Continuing this pattern, the increase from 2026 to 2027 is around 1.4%, and from 2027 to 2028 is 1.3%. The compound annual growth rate (CAGR) over the five-year period is approximately 1.37%.
Future trends to watch for include possible technological advancements leading to increased efficiency, potential regulatory changes influencing labor cost inflations, and economic factors affecting the construction demand which could further modify wage expectations in the sector.
