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Greek payroll cost index grew 4.9% in 1Q2018

12 June 18 - RE+D Magazine
Greek payroll cost index grew 4.9% in 1Q2018

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Greece's payroll cost index grew 4.9 pct in the economy - excluding the primary sector and households' activities -

 

without any seasonal adjustment in the first quarter of 2018 compared with the same period in 2017, after a 1.0 pct increase recorded in the 2017/2016 period, Hellenic Statistical Authority said on Tuesday.

The statistics service, in a report, said that the payroll cost index - seasonally adjusted - grew 4.9 pct in the first three months of 2018, compared with the corresponding period in 2017.

The payroll cost index, adjusted for the number of working days, grew 4.2 pct in the first quarter.

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