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Monday, the Statistics Iceland said the monthly wage index rose 7.8% year-over-year in November, slower than the 8.8% increase seen in the previous month.
On a monthly basis, the wage index dropped 0.6% in November, in contrast to a 0.3% rise recorded in the preceding month.
In November, the real wage index declined 7.7% over a year ago and it rose 2.3% compared to the previous month.
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