Iceland Inflation Reaches 5.6%, Triggering Private Sector Wage Review

The annual consumer price increase has hit the threshold specified in labor contracts, automatically activating provisions to renegotiate private-sector wages.

28 Aug, 09:51 — 28 Aug, 09:51

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iceland-reviewMostly Factual1d ago

Inflation Hits 5.6%, Opening Door to Wage Agreement Review

Iceland's annual inflation rate rose to 5.6% in August, reaching the level that allows review provisions in the 2024 private-sector wage agreements to be activated. The post Inflation Hits 5.6%, Opening Door to Wage Agreement Review appeared first on Iceland Review.

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Iceland Inflation Reaches 5.6%, Triggering Private Sector Wage Review

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Inflation Hits 5.6%, Opening Door to Wage Agreement Review

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