NEWS RELEASE WAGES AND INCOME 19 DECEMBER 2014

The wage index in November 2014 is 494.7 points, 0.2% higher than in the previous month. In the last twelve months the monthly wage index has risen by 6.6%.

Wage Index 2013-2014
December 1988=100 Change from previous month, % Annual rate based on the change
in the last
  Index 3 months, % 6 months, % 12 months, %
2013
November 464.2 0.2 5.0 3.4 6.1
December 463.8 -0.1 1.6 2.6 6.0
2014
January 468.5 1.0 4.7 4.9 6.7
February 470.5 0.4 5.5 5.3 4.7
March 475.3 1.0 10.3 5.8 4.4
April 478.4 0.7 8.7 6.7 4.8
May 480.4 0.4 8.7 7.1 5.2
June 482.7 0.5 6.4 8.3 5.4
July 484.7 0.4 5.4 7.0 5.9
August 487.4 0.6 6.0 7.3 6.3
September 490.6 0.7 6.7 6.5 6.2
October 493.8 0.6 7.7 6.5 6.6
November 494.7 0.2 6.1 6.0 6.6
Notes: The 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 following month.


Real wages increased by 0.7% from the previous month

The real wage index in November 2014 is 120.5 points, 0.7% higher than in the previous month. In the last twelve months the real wage index has increased by 5.5%.

Statistics

Further Information

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

Share


Use of this press release is free. Please quote the source.