Labour cost index

Producer:	Statistics Finland
Data:	Latest release: Cost of an hour worked increased by 4.3 per cent in October to December 12 Mar 2013 In the private sector, labour costs increased by 4.3 per cent in October to December 2012 when compared with the respective period of the year before. Seasonally adjusted labour costs in the private sector rose by 2.6 per cent in October to December 2012. Labour costs excluding one-off items, such as performance-based bonuses, rose by 4.4 per cent compared with the respective period of the year before. In the corresponding period, the index of wage and salary earnings rose by 3.3 per cent in the private sector. Next release: 10 Jun 2013
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. Within the local government sector, data on education are not so far included in the statistics. 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:	Seasonal adjusted labor costs included in the index 24 Sep 2012 The labor cost index will be published with seasonal adjusted series for labor cost data.

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. Helsinki: Statistics Finland [referred: 9.5.2013].
Access method: http://www.stat.fi/til/tvki/index_en.html.

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