NEWS RELEASE WAGES AND INCOME 22 MAY 2014

The wage index in April 2014 is 478.4 points, 0.7% higher than in the previous month. In the last twelve months the monthly wage index has risen by 4.8%.

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
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
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
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 0.3% from the previous month
The real wage index in April 2014 is 116.6 points, 0.3% higher than in the previous month. In the last twelve months the real wage index has increased by 2.5%.

Statistics

Further Information

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

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