Statistics Iceland has reported on wages in the private sector by economic activity and occupational group in the fourth quarter of 2012. Wages increased by 0.8% on average from the previous quarter according to the quarterly wage index in 4th quarter 2012, with wages increasing by 1.3% in the economic activity of financial intermediation. During the same period wages in construction increased by 0.8%. Wages increased by 4.8% on average from previous year, 5.1% in the private sector and 4.0% in the public sector. The annual change of wage index ranged from 4.1% in wholesale to 9.0% in the economic activity of financial intermediation.
English: http://www.statice.is/Pages/444?NewsID=9458
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.