Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
Unemployment rate remains lodged near 11 pct after no change in Aug
Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
Consumer confidence takes 10-point dive in September
Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI
The Labour Ministry has presented the updated data of wages in the labour market, after the incorporation of the latest rise in the minimum wage to 780 euros per month, effective April 1.
The data reflects the ongoing improvements in the jobs market in Greece since 2019, and the continued recovery since 2020, after the economy took a severe hit from the pandemic.
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