Wages index drops in Q2 to its lowest level since 2001

EconomyMacroeconomy Tags: ELSTAT

After growing in the preceding three quarters, the seasonally adjusted (SA) Wages Index fell by 2.1 percent year on year (YoY) in the second quarter (Q2) of 2015, according to the Hellenic Statistical Authority (ELSTAT).

In the previous three quarters, the growth rate ranged between a marginal 0.3 percent in Q1 up to 2.2 percent in Q4 2014.

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