NEWS RELEASE WAGES AND INCOME 23 MARCH 2009


The wage index unchanged from previous month
The wage index in February 2009 is 355.7 points, unchanged from the previous month. In the last twelve months the monthly wage index has risen by 6.7%.

Real wages declined by 0.5% from previous month
The real wage index in February is 108.4 points, 0.5% lower than in previous month. In the last twelve months the real wage index has decreased by 9.3%.

Wage Index 2008-2009
December 1988=100 Change from previous month, % Annual rate based on the change in the last
  Index 3 months, % 6  months, % 12 months, %
2008
January 330.9 1.3 8.0 7.1 6.2
February 333.5 0.8 9.7 7.9 6.8
March 337.6 1.2 14.2 9.2 7.8
April 340.5 0.9 12.1 10.0 8.2
May 342.0 0.4 10.6 10.1 7.9
June 346.2 1.2 10.6 12.4 8.5
July 348.8 0.7 10.1 11.1 9.1
August 350.4 0.5 10.2 10.4 9.1
September 352.2 0.5 7.1 8.8 9.0
October 353.3 0.3 5.3 7.7 8.8
November 351.3 -0.6 1.0 5.5 7.8
December 353.6 0.7 1.6 4.3 8.3
Average 345.0 . . . 8.1
2009
January 355.7 0.6 2.7 4.0 7.5
February 355.7 0.0 5.1 3.0 6.7
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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