Development of wages and salaries
| Updated: 5.2.2013 - Next update: 30.5.2013 |
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Wage and salary earners' earnings rose by 3.2 per cent in October-December
According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 3.2 per cent in October-December 2012 when compared to the respective period in 2011. Real earnings rose by 0.8 per cent compared to the fourth quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.
During the period from October-December 2011 to the respective period in 2012 the nominal earnings of wage and salary earners rose in the central government sector by 3.4 per cent, in the private sector by 3.3 per cent and in the local government sector by 2.6 per cent.
Statistical releaseSource:
Statistics Finland / Index of wage and salary earnings
Description of indicator
The index of wage and salary earnings describes quarterly development in wage and salary earners’ average earnings for regular working hours by sector, industry and wage and salary earner group. Taxes and employee social security contributions are not deducted from average earnings. In addition, the index of wage and salary earnings data are used to calculate average data by employer sector and industry.
