Wages and employment in retail commerce up in Q4 2017, figures show

The monthly and daily wages index in retail commerce grew 1.8 pct in the fourth quarter of 2017 compared with the same period last year and jumped 23.2 pct compared with the third quarter of 2017, Hellenic Statistical Authority (ELSTAT) said on Thursday.

The statistics service, in a report, said that the employment index in the retail commerce sector grew 0.7 pct compared with the fourth quarter of 2016, but remained unchanged compared with the third quarter. The working hours index rose 0.3 pct on an annual basis and grew 2.0 pct on a quarter basis.

The statistics service also reported that the vast majority of enterprises in the services sector recorded an increase in their turnover in the fourth quarter of 2017.