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> Economy

ELSTAT: Further decrease in wages in the 2nd quarter of 2014

A decrease of 7.4% had been recorded when comparing the corresponding Index of 2013 with that of 2012.

Newsroom September 27 01:53

Τhe Hellenic Statistical Authority (ELSTAT) presented on Friday the provisional data for the 2nd quarter of 2014 for the Index of Wages for the Greek economy (primary Sector and activities of Households are not covered), with and without seasonal adjustment.

It should be noted that the data presented for the 2nd quarter of 2014 are provisional estimates, based on the collection of a part of questionnaires of the survey conducted by the Hellenic Statistical Authority, and therefore, the data may be revised.

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The unadjusted Index of wages of the 2nd quarter 2014, compared with the corresponding index of the 2nd quarter of 2013, recorded a decrease of 1.4%, while a decrease of 7.4% had been recorded when comparing the corresponding Index of 2013 with that of 2012.

On the other hand, according to the data presented by ELSTAT, wages in Latvia increased by 6.9%, in Lithuania by 5.2% and in Romania by 5%.

In Germany, a 1.6% increase was recorded and wages in France increased by 1.5%
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