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Published: 11 December 2013

Wages and salaries sum grew by 1.6 per cent year-on-year in August to October

According to Statistics Finland, the wages and salaries sum of the whole economy was 1.6 per cent greater in the past August to October period than in the corresponding period twelve months earlier. In October alone, the wages and salaries sum of the whole economy grew by 1.8 per cent year-on-year. In the August to October period one year ago, the wages and salaries sum grew by 2.5 per cent.

Year-on-year change in wages and salaries sum in the 8-10/2013 and 8-10/2012 time periods, % (TOL 2008)

Year-on-year change in wages and salaries sum in the 8-10/2013 and 8-10/2012 time periods, % (TOL 2008)

The wages and salaries sum grew in the August to October period in all main industries with the exception of manufacturing (-2.2 %) and education services provided by the privite sector, where growth came to a halt. The wages and salaries sum grew fastest in private health and social work services (+6.0%).

The wages and salaries sum refers to the sum total of the gross wages and salaries paid to employees without incentive stock options. The wages and salaries sum is influenced by changes in employment and in the earnings level of wage and salary earners.


Source: Wage and salary indices, Statistics Finland

Inquiries: Godfrey Lowndes 09 1734 3423, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 11.12.2013

Referencing instructions:

Official Statistics of Finland (OSF): Wage and salary indices [e-publication].
ISSN=1798-6125. October 2013. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ktps/2013/10/ktps_2013_10_2013-12-11_tie_001_en.html