REYKJAVIK: Iceland’s wage index reported a month-on-month increase of 0.9 percent in December 2015, according to Statistics Iceland on Friday.
The figures showed that the wage index in December 2015 was 542.7, an increase of 0.9 percent compared with 537.6 in November 2015. The index takes the wage in December 1988 as base number of 100.
In the past 12 months, the monthly wage index has increased by 9.7 percent.
The real wage index in December 2015 was 129.2, an increase of 0.6 percent compared with that of the previous month.
In the past 12 months, the real wage has increased by 7.6 percent.
