Iceland -Wage index and real wages -April 23, 2013

The statistical office has published updated figures related to the wage development. The real wage index in March 2013 is 113.7 points, 1.1% higher than in the previous month. In the last twelve months the real wage index has increased by 1.5%. Some wage increases are part of collective agreements signed in 2011 that stipulate a general wage rise of 3.25% in March 2013. Also the 2011 agreement between the Association of Local Authorities and Municipal Employees stipulates a general increase in wages tables, from March 2013.



For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) or the communications officer at the ETUI, Mariya Nikolova For previous issues of the Collective bargaining newsletter please visit You may find further information on the ETUI at, and on the AIAS at

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