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Iceland's wage growth accelerated for the first time in thirteen months in May, figures from Statistics Iceland showed Friday.
The wage cost index climbed 7.8 percent year-over-year in May, faster than the 4.9 percent rise in April.
On a monthly basis, wage index rose 3.2 percent from April, when it edged down by 0.2 percent.
The real wage index increased 6.0 percent annually and 0.2 percent monthly in May.
