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Payroll cost index up 1.0 pct in the first quarter of 2017

Payroll cost index up 1.0 pct in the first quarter of 2017

The payroll cost index in the economy grew 1.0 pct in the first quarter of 2017, with the exception of the primary sector and household activities, compared with the same period last year, after a 0.9 pct rise recorded in the 2016/2015 period, Hellenic Statistical Authority said on Friday.

The statistics service, in a report, said that the payroll cost index was up 1.0 pct in the first three months of the year (seasonally adjusted), while the index was up 2.5 pct in the same period (non seasonally adjusted).

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