NEWS RELEASE WAGES AND INCOME 20 SEPTEMBER 2007

The wage index in August 2007 is 321.1 points, 0.4% higher than in the previous month.

In the last twelve months the wage index has risen by 8.0%.

Wage Index 2006-2007
Jan. 1989 = 100 Change from previous month, % Annual rate based on the change in the last
  Index 3 months, % 6  months, % 12 months, %
2006
August 297.4 0.7 12.0 9.4 10.6
September 298.9 0.5 12.2 9.7 10.8
October 300.4 0.5 6.9 10.0 11.0
November 301.0 0.2 4.9 8.4 10.5
December 300.8 -0.1 2.6 7.3 9.8
Average 292.7 . . . 9.5
2007
January 311.5 3.5 15.6 11.2 10.1
February 312.3 0.3 15.9 10.3 9.8
March 313.2 0.3 17.5 9.8 9.7
April 314.6 0.4 4.0 9.7 9.8
May 316.9 0.7 6.0 10.8 9.6
June 319.0 0.6 7.6 12.5 9.8
July 319.8 0.3 6.8 5.4 8.3
August 321.1 0.4 5.4 5.7 8.0
Wage index are calculated and published according to law no 89/1989. The wage index is based on average for fixed hours earnings each month, calculated and published in the month following calculation.

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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