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Financial News: Iceland Wage Growth Accelerates In July

Iceland Wage Growth Accelerates In July

08/22/2018 - 05:28:00 (RTTNews)

(RTTNews) - Iceland's wage growth accelerated in July after easing in the previous two months, figures from Statistics Iceland showed Wednesday.

The wage index climbed 6.3 percent year-over-year in July, faster than the 5.9 percent rise in June.

On a monthly basis, wage index increased 0.4 percent from June, when it rose by 0.7 percent.

The real wage index advanced 3.5 percent annually and by 0.3 percent monthly in July.

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