# Spain Labour cost index, business economy services (Index, 2020=100, SA)

Spain Labour cost index, business economy services (Index, 2020=100, SA) was 122.8 in Q2 2026, up 0.8% from Q1 2026 and up 3.7% from a year earlier.
That is the highest reading since the series began in Q1 2001.
Over the past ten years it has ranged from 90.90 (Q2 2016) to 122.8 (Q2 2026), averaging 103.1.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `ES.LABORCOST.Q.SA.NACE-G-N`
- Frequency: quarterly
- Units: index
- Coverage: 2001-01-01 to 2026-04-01 (102 observations)
- Page: https://makrognosis.robomacro.com/data/spain/labour-cost-index-business-economy-services-index-2020-100-sa

## Recent data

| Period | Value |
|---|---:|
| Q2 2026 | 122.8 |
| Q1 2026 | 121.8 |
| Q4 2025 | 121.1 |
| Q3 2025 | 119.7 |
| Q2 2025 | 118.4 |
| Q1 2025 | 117.0 |
| Q4 2024 | 115.6 |
| Q3 2024 | 115.4 |
| Q2 2024 | 113.6 |
| Q1 2024 | 112.6 |
| Q4 2023 | 111.4 |
| Q3 2023 | 109.4 |
| Q2 2023 | 108.2 |
| Q1 2023 | 106.9 |
| Q4 2022 | 104.1 |
| Q3 2022 | 103.1 |
| Q2 2022 | 101.7 |
| Q1 2022 | 102.3 |
| Q4 2021 | 101.0 |
| Q3 2021 | 100.1 |
| Q2 2021 | 99.90 |
| Q1 2021 | 99.60 |
| Q4 2020 | 99.70 |
| Q3 2020 | 98.20 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ES.LABORCOST.Q.SA.NACE-G-N"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ES.LABORCOST.Q.SA.NACE-G-N",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```