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Iceland Wage Growth Slows In June
Posted On 24 Jul 2017
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Iceland’s wage growth eased in June after accelerating in the previous month, figures from Statistics Iceland showed Monday.
The wage cost index climbed 7.3 percent year-over-year in June, slower than the 7.8 percent rise in May.
On a monthly basis, wage index increased 1.0 percent from May, when it rose by 3.2 percent.
The real wage index increased 5.6 percent annually and by 1.0 percent monthly in June.
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