NEWS RELEASE WAGES AND INCOME 20 APRIL 2011


The wage index is 0.3% higher than in the previous month
The wage index in March 2011 is 385.2 points, 0.3% higher than in the previous month. In the last twelve months the monthly wage index has risen by 4.4%.

Wage Index 2010-2011
December 1988=100 Change from previous month, % Annual rate based on the change in the last
  Index 3 months, % 6  months, % 12 months, %
2010
Mars 369.0 0.1 2.8 5.6 3.6
April 369.5 0.1 2.9 5.3 4.0
May 370.1 0.2 1.6 2.6 4.0
June 378.3 2.2 10.5 6.5 6.1
July 379.5 0.3 11.3 7.0 6.0
August 379.5 0.0 10.6 6.0 6.0
September 380.7 0.3 2.6 6.4 6.0
October 381,8 0.3 2.4 6.8 6.0
November 382.4 0.2 3.1 6.8 4.7
December 383.1 0.2 2.5 2.6 4.5
2011
January 383.2 0.0 1.5 2.0 4.4
February 383.9 0.2 1.6 2.3 4.2
March 385.2 0.3 2.2 2.4 4.4
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 March 2011 is 106.4 points, 0.6% lower than in the previous month. In the last twelve months the real wage index has increased by 2.1%.

Statistics

Further Information

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

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