In 2023, the labour cost per employee FTE in Italy's Toys and Games sector was approximately 47.4 thousand Euros. From 2024 to 2028, forecasts predict a gradual increase from 47.5 to 48.0 thousand Euros. The projected year-on-year growth rates are modest, nearly flat, ranging just around 0.2% to 0.4%. The compound annual growth rate (CAGR) over the five-year period is expected to be minimal, highlighting a stable cost trend.
Factors to monitor in the future include:
- Inflationary pressures on wages, which could accelerate cost increases.
- Technological advancements impacting productivity.
- Changes in labor market regulations or policies affecting labor costs.
