Wages index improves 1 pct in Q1 but falls QoQ for second straight quarter

EconomyMacroeconomy Tags: ELSTAT, Labour
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The seasonally adjusted (SA) Wages Index rebounded for the sixth successive quarter by 1 percent year on year (YoY) in the first quarter (Q1) of 2017 after edging up by 0.2 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.

The record high of 120.4 was posted in Q1 2010, while the lowest reading of 78.8 was recorded in Q1 2000.

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