Iceland's wage growth accelerated in July after easing in the previous two months, figures from Statistics Iceland showed Wednesday.
The wage index climbed 6.3 percent year-over-year in July, faster than the 5.9 percent rise in June.
On a monthly basis, wage index increased 0.4 percent from June, when it rose by 0.7 percent.
The real wage index advanced 3.5 percent annually and by 0.3 percent monthly in July.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.