NEWS RELEASE WAGES AND INCOME 21 JANUARY 2014

The wage index in December 2013 is 463.8 points, 0.1% lower than in the previous month. In the last twelve months the monthly wage index has risen by 6.0%.

Wage Index 2012-2013
December 1988=100 Change from previous month, % Annual rate based on the change
in the last
  Index 3 months, % 6 months, % 12 months, %
2012
December 437.7 0.0 1.3 2.1 4.7
2013
January 439.2 0.3 2.2 2.6 5.0
February 449.4 2.3 11.1 7.4 5.2
March 455.3 1.3 17.1 8.9 5.5
April 456.4 0.2 16.6 9.2 5.8
May 456.5 0.0 6.5 8.8 5.5
June 457.8 0.3 2.2 9.4 5.7
July 457.5 -0.1 1.0 8.5 5.5
August 458.6 0.2 1.9 4.1 5.7
September 462.0 0.7 3.7 3.0 5.9
October 463.1 0.2 5.0 3.0 6.0
November 464.2 0.2 5.0 3.4 6.1
December 463.8 -0.1 1.6 2.6 6.0
Notes: Wage index is calculated and published according to law no 89/1989. The wage index is based on regular hours earnings each month, calculated and published in the month following calculation.

Real wages decreased by 0.6% from the previous month
The real wage index in December 2013 is 113.6 points, 0.6% lower than in the previous month. In the last twelve months the real wage index has increased by 1.7%.

Statistics
 

Further Information

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

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