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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
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Manufacturing stays in expansion in Sep despite slight PMI moderation
Wage growth continues for sixth quarter, up 5.9 pct YoY in Q3
Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q3, rising by 5.9 percent year-on-year (YoY), from an upwards revised 5.6 percent in the second quarter of 2023, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
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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