Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI

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Wages rise by 7 pct, offset by 7.8 pct 12-month rolling CPI

EconomyMacroeconomy 14/06/2023 - 10:18 Tags: Income, Labour

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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