US EditionPurchasing Power of Wages Expected to Continue to Increase
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The purchasing power of wages has increased by 3.9% last year. Although the pace of wage increases has slowed in recent years, it can be assumed that purchasing power will continue to increase in the coming months. This is stated in Landsbankinn's new economic forecast. Over the weekend, Statistics Iceland published an updated measurement of the wage index for April. It rose by 1.8% from the previous month and has risen by 8.2% over the past yea…
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