Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter

EconomyMacroeconomy Tags: ELSTAT
Photo by MacroPolis
Photo by MacroPolis

The seasonally adjusted Wages Index grew for the third successive quarter in Q1 but it was only a marginal rise of 0.3 percent year on year (YoY) from a 2.2 percent increase in Q4 2014, according to the Hellenic Statistical Authority (ELSTAT).

Compared to the previous quarter, the wages index fell for the second straight quarter by 1.8 percent versus a 2.6 percent quarter on quarter (QoQ) drop in Q4 2014.

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