After three quarters of contraction, wages rise by 7.3 pct in Q3

EconomyMacroeconomy Tags: ELSTAT, Income
Photo by Gerasimos Domenikos/Fosphotos
Photo by Gerasimos Domenikos/Fosphotos

Greece’s seasonally adjusted (SA) Wages Index moved back to positive territory in the third quarter (Q3), rising by 7.3 percent year-on-year (YoY) after dropping by 0.9 pct in the previous quarter, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.

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).

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00