Official Statistics of Finland

Labour cost index

Producer: Statistics Finland

Latest release:
Cost of an hour worked increased by 0.8 per cent in April to June year-on-year
07 Sep 2018
Private sector labour costs increased by 0.8 per cent in April to June 2018 when compared with the respective period of the year before. Seasonally adjusted labour costs went up by 2.8 per cent in April to June 2018. There was one more working day in the second quarter of 2018 than in the corresponding period of 2017. In the Labour Cost Index, an increase in the number of working days usually has a decreasing effect on costs.

Next release:
7 Dec 2018

Description: The labour cost index measures the quarterly change in average labour costs per hour worked. The statistics cover almost the whole private sector as well as the central government and local government sectors. Excluded from the statistics are agriculture, forestry and fishing. In addition to the actual labour cost index, the labour cost index includes three complementing indices: the index of wage costs, the index of social costs and the labour cost index without one-off and extraordinary cost components.
Read full description >>>
Keywords: costs, indices, industries, labour cost index, labour costs, private sector, social security contributions, wages and salaries.
Statistics by keywords >>>
Change: New seasonal adjustment software adopted
10 Mar 2016
Starting from the 4th quarter of 2015 data, a new seasonal adjustment software J-Demetra+ will be adopted in the labour cost index.

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. Helsinki: Statistics Finland [referred: 18.11.2018].
Access method: