Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010

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Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010

EconomyMacroeconomy 26/09/2014 - 13:26 Tags: ELSTAT

After a short-lived year on year (YoY) rise of 2 percent in Q1, the seasonally adjusted Wages Index fell 1 percent in Q2, while it remained stable quarter on quarter (QoQ), according to the Hellenic Statistical Authority (ELSTAT).

The index covers the total of gross earnings received by employees during the reference period and incorporates salaries and wages, bonuses and extraordinary payments (such as Christmas and Easter bonuses) as well as payments for the days when no work i...

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