kathimerini.gr
Greece Launches Data Hub Amid Inflationary Wage Gap
A new data hub, "Greece in Numbers," was launched in Greece, revealing that from 2020-2023, the consumer price index increased by 15%, while average wages rose by only 12.5%, leaving a gap despite reaching 2009 pre-crisis levels; the hub aims to improve data accessibility and address past concerns about data reliability.
- What are the key economic indicators highlighting the impact of inflation on Greek wages from 2020-2023?
- From 2020 to 2023, Greece's consumer price index rose by 15%, while average wages increased by approximately 12.5%. Although wages reached pre-crisis levels of 2009, they did not fully offset inflation losses.
- How does the new "Greece in Numbers" data hub aim to improve data accessibility and address past concerns about data reliability in Greece?
- The IOBE launched "Greece in Numbers," a data hub providing access to economic and social data. This addresses past concerns about data reliability, with the Governor of the Bank of Greece highlighting improvements in fiscal data quality while acknowledging remaining discrepancies between data sources.
- What are the potential future implications of the adoption of the new ESA regulation for the release of Greek economic data, and how might this impact policymaking?
- The new data hub will support public discourse, research, and policymaking. The adoption of the new European Statistical Agency (ESA) regulation in 2026 will also lead to the resumption of earlier GDP flash estimates, which were previously abandoned due to significant discrepancies.
Cognitive Concepts
Framing Bias
The framing is largely neutral. The article presents factual economic data without overtly favoring any particular interpretation. The headline, if there was one, would significantly impact the framing; without that context, the provided text presents a balanced view of the situation.
Bias by Omission
The article focuses primarily on economic data and mentions the gender pay gap only briefly, without exploring potential underlying causes or policy implications to address it. While acknowledging the gap, it doesn't delve into the reasons for its persistence or discuss potential solutions. This omission limits the reader's understanding of the issue's complexity.
Gender Bias
The gender pay gap is mentioned as a key statistic, but the analysis is superficial, only stating the difference without delving into reasons for the disparity. More in-depth analysis is needed to properly assess the presence or absence of gender bias in this context. The article would benefit from further exploring potential contributing factors and their impact.
Sustainable Development Goals
The article highlights persistent gender pay gaps in Greece, with women in the private sector earning approximately €200 less than men on average in 2023. The creation of the "Greece in Numbers" data hub aims to improve data transparency and access, which can inform policy decisions to address such inequalities. Improved data availability is a crucial step towards achieving SDG 10 (Reduced Inequalities).