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Wages and salaries sum grew in March 2022

Statistics:

Wage and salary indices

Reference period:

2022, March

Published:

13/05/2022

Next release:

14/06/2022

According to Statistics Finland’s data, the working day adjusted wages and salaries sum of the whole economy was 6.9 per cent higher in March 2022 than in March 2021. The seasonally adjusted wages and salaries sum of the whole economy increased by 1.1 per cent in March from the month before.

Working day adjusted wages and salaries sum of the whole economy 3/2021 to 3/2022. The working day adjusted wages and salaries sum grew by 6.9 per cent in March.

Key points

The working day adjusted wages and salaries sum grew by 6.9 per cent in March 2022 year-on-year.
The seasonally adjusted wages and salaries sum increased in March 2022 by 1.1 per cent from the previous month.

Tables

See key statistical data in the tables.

13.05.2022

Year-on-year change in the working day adjusted wages and salaries sum by industry and sector, % (TOL 2008 and S 2012)

	A-X Whole economy	Private sector	OPQ Public sector	B-E Total industry	F Construction	G Wholesale and retail trade	HIJLMNRS Other service activities total	K Financial and insurance activities	P Education, excl. public sector	Q Health and social work, excl. public sector
2021M03	1.0	1.5	3.0	3.5	-0.2	4.3	-4.7	-1.6	2.1	0.4
2021M04	4.4	3.9	6.0	2.8	-2.3	4.4	4.5	7.1	7.9	11.9
2021M05	9.9	12.1	4.2	8.4	13.8	12.0	14.0	3.7	11.7	17.7
2021M06	8.9	10.5	8.5	7.3	6.4	10.4	11.7	2.3	13.8	13.7
2021M07	6.7	7.4	5.4	6.3	3.8	5.9	8.7	4.9	8.1	10.3
2021M08	5.2	5.4	4.6	4.1	3.1	4.9	6.8	5.0	6.4	9.1
2021M09	5.6	6.5	4.7	5.6	4.2	4.2	6.7	3.6	5.1	8.9
2021M10	5.3	5.9	4.0	5.5	6.0	3.8	7.1	3.8	5.5	7.7
2021M11	4.7	5.3	3.2	2.7	2.4	3.1	7.4	4.6	4.6	7.3
2021M12	3.2	3.7	3.0	0.6	-1.6	4.1	7.2	3.5	5.5	1.6
2022M01	7.8	8.9	4.8	6.1	14.0	6.1	10.6	5.3	6.2	6.6
2022M02	5.5	6.8	2.4	3.6	5.6	4.4	9.2	4.9	6.5	8.7
2022M03	6.9	8.4	3.0	7.4	7.2	6.0	12.2	10.6	7.2	8.7

13.05.2022

Revision of annual changes in the wages and salaries sum in main industries 1)

	1st release, annual change of the original index series, %	Latest release, annual change of the original index series, %	Revision of the original index series, percentage points
A-X Whole economy	2021M10	5.2	4.8	-0.4
2021M11	5.5	5.0	-0.5
2021M12	5.4	5.4	0.0
2022M01	7.3	7.2	-0.1
2022M02	5.4	5.5	0.1
Private sector	2021M10	5.9	5.4	-0.5
2021M11	6.3	5.6	-0.7
2021M12	6.3	6.3	0.0
2022M01	8.5	8.1	-0.4
2022M02	6.8	6.8	0.0
OPQ Public sector	2021M10	3.9	3.6	-0.3
2021M11	3.7	3.6	-0.1
2021M12	3.2	3.0	-0.2
2022M01	4.5	5.2	0.7
2022M02	2.4	2.4	0.0
B-E Total industry	2021M10	4.2	4.2	0.0
2021M11	3.8	3.6	-0.2
2021M12	4.8	4.8	0.0
2022M01	5.6	5.3	-0.3
2022M02	3.5	3.6	0.1
F Construction	2021M10	4.6	3.8	-0.8
2021M11	4.0	3.1	-0.9
2021M12	5.1	5.0	-0.1
2022M01	8.3	7.2	-1.1
2022M02	5.5	5.6	0.1
G Wholesale and retail trade	2021M10	3.8	3.5	-0.3
2021M11	3.8	3.1	-0.7
2021M12	4.9	4.9	0.0
2022M01	5.9	5.8	-0.1
2022M02	4.4	4.4	0.0
HIJLMNRS Other service activities total	2021M10	7.3	6.5	-0.8
2021M11	8.7	7.9	-0.8
2021M12	8.5	8.6	0.1
2022M01	11.6	11.0	-0.6
2022M02	9.1	9.2	0.1
K Financial and insurance activities	2021M10	4.0	3.8	-0.2
2021M11	5.0	4.6	-0.4
2021M12	4.1	3.5	-0.6
2022M01	5.8	5.3	-0.5
2022M02	5.3	4.9	-0.4
P Education, excl. public sector	2021M10	5.4	5.1	-0.3
2021M11	5.1	4.8	-0.3
2021M12	5.8	6.1	0.3
2022M01	6.2	6.0	-0.2
2022M02	6.4	6.5	0.1
Q Health and social work, excl. public sector	2021M10	7.4	7.0	-0.4
2021M11	8.1	7.8	-0.3
2021M12	1.6	2.1	0.5
2022M01	6.2	6.0	-0.2
2022M02	8.6	8.7	0.1

13.05.2022

Revision of long-term annual changes in the wages and salaries sum in main industries in 2020

	Average of revision of the original index series, percentage points 1)	Average for absolute values of revision of the original index series,percentage points 2)
A-X Whole economy	0.2	0.5
Private sector	0.3	0.6
OPQ Public sector	0.1	0.4
B-E Total industry	0.6	0.7
F Construction	0.3	0.7
G Wholesale and retail trade	0.0	0.5
HIJLMNRS Other service activities total	0.1	0.6
K Financial and insurance activities	-0.2	0.8
P Education, excl. public sector	-0.3	1.0
Q Health and social work, excl. public sector	0.7	0.9