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Private sector cost of an hour worked increased by 2.5 per cent in April to June 2022

release | Labour cost index 2022, 2nd quarter

According to Statistics Finland, labour costs in the private sector rose by 2.5 per cent in April to June 2022 when compared to the respective period of the year before. In the central government sector, costs grew by 3.3 per cent and in the local government sector by 3.0 per cent. The second quarter of 2022 had 61 workingdays, which is the same as in the corresponding period of 2021.


Key points

  • The costs of an hour worked grew by 2.5 per cent in the private sector, by 3.0 per cent in the local government sector and by 3.3 per cent in the central government sector in April to June 2022 when compared to the respective period of the year before.
  • Of private sector industries, the biggest rise in costs, 9.4 per cent, was seen in financial and insurance activities.
  • The smallest rise in costs, 0.7 per cent, was recorded in information and communication.


Tables

See key statistical data in the tables.
08.09.2022

Labour costs, index points 2020Q2-2022Q2

08.09.2022

Labour costs, annual change percentages 2020Q2-2022Q2

Data revisions

See key statistical data in the tables.
08.09.2022

Revisions to the original labour cost index, year-on-year-change

08.09.2022

Revisions to the seasonally adjusted labour cost index, year-on-year-change

Database tables

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Statistical experts

Inquiries primarily
Pekka Haapala
Planning Officer
029 551 3460
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Head of Department in charge