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Photo by MacroPolis PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks

Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth of 2.7 pct, to the positive range of growth of 3.6 to 4.8 pct in 2021.

Photo by Panayotis Tzamaros/Fosphotos Wages index up by 5.8 pct YoY in Q1 2021, rises by 1 pct QoQ

Greece’s seasonally adjusted (SA) Wages Index increased 5.8 percent year-on-year (YoY) in the first quarter (Q1) of 2021, following a rise of 4.5 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.

Car sales increase by 57.2 percent in May

Road motor vehicles going into circulation for the first time rose by 54.1 percent in May compared to a jump of 361 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.

Results 81 to 90 out of 4249.