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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Wages index rises at slower pace of 1.4 pct in Q4 2014
The seasonally adjusted Wages Index advanced, albeit at a slower pace, for the second consecutive quarter in the fourth quarter (Q4) of 2014, when it rose by 1.4 percent from 2.1 percent in Q3, according to the Hellenic Statistical Authority (ELSTAT).
This was the third positive reading in the four quarters of 2014. However, compared to the previous quarter, the wages index in Q4 fell 1.5 percent, which indicates the second negative QoQ reading in 2014.
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