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Published: 5 February 2014

Wage and salary earners' earnings rose by 1.8 per cent in October-December

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 1.8 per cent in October–December 2013 when compared to the respective period in 2012. Real earnings rose by 0.4 per cent compared to the fourth quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.

Year-on-year changes in index of wage and salary earnings 2000/1–2013/4, per cent

Year-on-year changes in index of wage and salary earnings 2000/1–2013/4, per cent

During the period from October-December 2012 to the respective period in 2013 the nominal earnings of wage and salary earners rose in the private sector by 1.7 per cent, in the central government sector by 2.1 per cent and in the local government sector by 1.9 per cent.

Compared to the year before, the average increase in the level of earnings during 2013 was 2.0 per cent, whereas the increase in real earnings was 0.5 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 2013 when compared to the respective period in 2012. The increase was 2.0 per cent in the private sector, 2.5 per cent in the central government sector and 2,4 per cent in the local government sector.

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 2012

The indices are final as far as the year 2012 and they are based on final wage statistics. The indices for 2013 are still preliminary. They are mostly based on the effects of agreements and the wage drift.


Source: Index of wage and salary earnings 2013, 4th quarter. Statistics Finland

Inquiries: Anu Uuttu 09 1734 2322, Harri Nummila 09 1734 3235, palkat.indeksit@stat.fi

Director in charge: Hannele Orjala

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Updated 5.2.2014

Referencing instructions:

Official Statistics of Finland (OSF): Index of wage and salary earnings [e-publication].
ISSN=1798-7814. 4th quarter 2013. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ati/2013/04/ati_2013_04_2014-02-05_tie_001_en.html