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Credit growth picks up pace in Aug, with 7.1% YoY rise
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Deposits rise to 224.43 bln, with 2.97 bln inflow in Aug
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VAT continues to drive budget performance in Aug, at 1.21 bln above target
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Travel receipts grew 7.2% YoY in July despite drop in arrivals
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Current account turns to surplus in July thanks to services, tourism
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Scope raises rating to 'BBB+' as Moody's ups outlook to positive
Rise in wages index slows to 2.5 pct in Q2 but hits six successive quarters of growth
Greece’s seasonally adjusted (SA) Wages Index in the second quarter (Q2) rose by 2.5 percent year-on-year (YoY), slowing down from the 5.8 percent increase in Q1 2021, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.
The wages index captures employees’ gross earnings, including salaries, bonuses, extraordinary payments (Christmas and Easter bonuses as well as annual leave) and payments for non-working days (holidays, national holidays and maternity leave).
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