The Wage Cost Index for the economy as a whole rose by 6.4% in the first quarter of 2026 compared with the same period in 2025, according to data released by the Hellenic Statistical Authority (ELSTAT).
Specifically, the unadjusted index—neither seasonally nor for the number of working days – rose by 6.4% on an annual basis, compared to a 5.9% increase recorded in the corresponding comparison of the first quarter of 2025 with the first quarter of 2024.
Seasonally adjusted but not adjusted for working days, the annual increase in wage costs stood at 6.7%, accelerating from the 6.4% recorded a year earlier.
At the same time, the index adjusted for the number of working days but not for seasonality also recorded a 6.4% increase, compared to a 5.7% increase in the first quarter of 2025.
*See ELSTAT data here