Wages in Iceland elevated 2.80 p.c in October of 2023 over the identical month within the earlier yr. Wage Development in Iceland averaged 1.96 p.c from 1990 till 2023, reaching an all time excessive of 11.60 p.c in March of 2016 and a file low of -9.40 p.c in January of 2009. supply: Statistics Iceland
Wage Development in Iceland is anticipated to be 2.50 p.c by the tip of this quarter, in accordance with Buying and selling Economics world macro fashions and analysts expectations. Within the long-term, the Iceland Actual Wage Development is projected to development round 2.60 p.c in 2024 and a pair of.20 p.c in 2025, in accordance with our econometric fashions.
In Iceland, actual wage progress refers back to the change within the wage index deflated by the CPI.
| Precise | Earlier | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 2.80 | 2.70 | 11.60 | -9.40 | 1990 – 2023 | p.c | Month-to-month |
2000=100, NSA |
