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Published: 4 February 2011

Wage and salary earners' earnings rose by 2.1 per cent in October-December

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 2.1 per cent in October-December 2010 when compared with the respective period in 2009. Real earnings fell by 0.5 per cent compared with the fourth quarter of the previous year, because the rise in consumer prices was faster than that in earnings level in the fourth quarter of 2010.

Year-on-year changes in index of wage and salary earnings 2000/1–2010/4, per cent

Year-on-year changes in index of wage and salary earnings 2000/1–2010/4, per cent

During the period from October-December 2009 to the respective period in 2010 the nominal earnings of wage and salary earners rose in the private sector by 2.2 per cent, in the local government sector by 1.9 per cent and in the central government sector by 1.8 per cent.

Compared with the year before, the average increase in the level of earnings during 2010 was 2.6 per cent and the increase in real earnings was 1.3 per cent according to preliminary data.

Wage and salary earners' regular earnings increased by 2.1 per cent in October-December

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 2.1 per cent in October-December 2010 when compared with the respective period in 2009. During the period from October-December 2009 to the respective period in 2010 the regular earnings of wage and salary earners rose in the private sector by 2.2 per cent, in the local government sector by 1.9 per cent and in the central government sector by 1.8 per cent.

Wage and salary earners' regular earnings refer to earnings for regular working hours exclusive of performance-based bonuses and other irregularly paid one-off items.

Index of wage and salary earnings and index of regular earnings are final as far as the year 2009

The indices are final as far as the year 2009 and they are based on final wage statistics. The indices for 2010 are still preliminary. The indices for 2010 are mostly based on the effects of agreements and the wage drift.


Source: Index of wage and salary earnings 2010, 4th quarter. Statistics Finland

Inquiries: Harri Nummila (09) 1734 3235, Annina Rouvinen (09) 1734 3246, palkat.indeksit@stat.fi

Director in charge: Kari Molnar

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Updated 04.02.2011

Referencing instructions:

Official Statistics of Finland (OSF): Index of wage and salary earnings [e-publication].
ISSN=1798-7814. 4th quarter 2010. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ati/2010/04/ati_2010_04_2011-02-04_tie_001_en.html