Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010

EconomyMacroeconomy Tags: ELSTAT

The seasonally adjusted Wages Index rose 0.6 percent year on year (YoY) in the first quarter (Q1) of 2014, while it dropped 2.3 percent quarter on quarter (QoQ) over Q4 2013, according to the Hellenic Statistical Authority (ELSTAT).

The index covers the total of gross earnings received by employees including wages, salaries, bonuses and extraordinary payments as well as payments for the days when no work is carried out.

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