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Seasonal jobs push quarterly unemployment to 7.9% in Q2: lowest since 2008
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Manufacturing grows in Aug thanks to rise in new sales: optimism highest since 2024
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Growth of retail sales slows to 4.2% YoY in July as volumes data reveals price pressure
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Unemployment rate stable at 7.9% in July
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Energy propels 11.8% YoY increase in producer prices, as all categories rise
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Building activity eases in May with marginal 0.8% YoY drop
Wage rises become top issue but trajectory lined with obstacles
Wages in Greece have featured prominently in this summer's election campaign as, in the midst of the cost-of-living crisis, there is a wider recognition by the leading parties that earnings in Greece need a boost.
Wages suffered severely during the debt crisis, with the final blow coming in February 2012 when the minimum wage was brought down to 580 euros and the wage for Greeks under the age of 25 dropped even lower to 510 euros.
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