By 2024, the forecast for fibre cement labour cost per employee FTE in France is €110,100, projecting a continuous upward trend through 2028 when it reaches €143,000. From 2024 to 2028, the costs grow yearly, with notable increments: 7.5% in 2025, 6.9% in 2026, 6.5% in 2027, and 6.1% in 2028. The Compound Annual Growth Rate (CAGR) over these years stands at about 6.7%, indicating a steady rise in labour expenses.
Future trends to watch for:
- Potential impacts of economic policies on labour costs.
- Technological advancements affecting demand for skilled labour.
- Inflation rates and wage growth in related construction industries.
