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Appendix table 5. Seasonally adjusted labour costs, Labour Cost Index 2016=100

2020/1* 2020/2* 2020/3* 2020/4* Whole year 2020* 2021/1* 2021/2* 2021/3* 2021/4* Whole year 2021*
Industry code Standard Industrial Classification
B-S Total,private sector 101,7 102,1 102,5 102,7 102,2 104,3 105,1 106,0 106,4 105,5
B-E Industry 101,0 99,5 100,4 100,2 100,3 103,6 103,4 104,7 104,6 104,1
C Manufacturing 100,6 99,5 100,3 100,0 100,1 104,1 103,1 104,6 104,5 104,1
10, 11 Food industry 105,5 108,1 106,6 106,1 106,6 110,8 110,1 110,4 111,8 110,8
16, 17 Forest industry 102,2 100,3 101,1 100,3 101,0 101,8 102,3 103,7 104,7 103,1
19-22 Chemical industry 104,2 102,0 103,7 102,9 103,2 107,0 106,4 106,0 104,8 106,0
24-30 Metal industry 96,9 96,0 96,4 96,4 96,4 101,5 99,6 101,8 101,2 101,0
F Construction 103,2 102,8 105,2 103,9 103,8 106,7 107,7 107,3 107,3 107,2
G-N Services of the business economy 102,4 104,0 103,0 104,0 103,3 105,9 106,5 107,5 107,7 106,9
G Wholesale and retail trade 102,2 108,0 104,7 105,1 105,0 111,6 110,3 108,9 111,7 110,6
H Transportation and storage 101,7 102,9 102,2 101,5 102,1 103,8 103,3 104,4 104,8 104,1
J Information and communication 101,2 100,4 100,6 101,0 100,8 105,4 106,2 101,2 105,4 104,6
K Financial and insurance activities 104,0 105,1 104,2 104,4 104,4 104,4 105,1 106,5 106,3 105,5
State sector, J-R Total 100,2 101,9 100,3 101,5 101,0 102,4 104,3 105,3 104,4 104,1
Local government sector, D-S Total 102,3 104,7 104,4 104,3 103,9 106,0 107,0 107,5 108,6 107,3

Source: Wages, Salaries and Labour Costs, Statistics Finland

Inquiries: Pekka Haapala 029 551 3460, Tuomas Lahti 029 551 3299, Katri Lepikk 029 551 3223, Antti Saarinen 029 551 3551, tvkindeksi@stat.fi

Head of Department in charge: Hannele Orjala


Updated 11.3.2022

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. 4th quarter 2021, Appendix table 5. Seasonally adjusted labour costs, Labour Cost Index 2016=100 . Helsinki: Statistics Finland [referred: 12.8.2022].
Access method: http://www.stat.fi/til/tvki/2021/04/tvki_2021_04_2022-03-11_tau_005_en.html