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Import price index up by 1.3 pct YoY in Mar for first rise in 13 months -
CPI at 3.1 pct in Apr as food inflation refuses to drop -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar -
Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct -
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline -
Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021
Greece’s seasonally adjusted (SA) Wages Index maintained a solid growth trend in Q4, rising by 5.5 percent year-on-year (YoY), thought it slowed down from an upwards revised 6.3 percent in the third 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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