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Wage and salary earners’ real earnings decreased by 5.7 per cent in October to December

Release related to topics:Work, wages and livelihood
release | Index of wage and salary earnings 2022, 4th quarter

According to Statistics Finland’s preliminary data, the index of wage and salary earnings, which measures the rise in the nominal earnings of full-time wage and salary earners, rose by 2.7 per cent in October to December 2022 when compared with the respective period in 2021. Real earnings decreased by 5.7 per cent compared to the fourth quarter of the previous year because the rise in consumer prices was faster than that in the earnings level.

Key selections

  • The index of wage and salary earnings describing the nominal earnings of full-time wage and salary earners rose by 2.7 per cent in October to December 2022 when compared with the respective period of the year before.
  • In the private sector, the nominal earnings of wage and salary earners rose by 2.8 per cent in the last quarter of 2022, in the central government sector by 2.4 per cent and in the local government sector by 2.5 per cent.
  • By contrast, the real earnings of wage and salary earners fell by 5.7 per cent in the last quarter of 2022 because the rise in consumer prices was considerably faster.
  • The nominal earnings of wage and salary earners rose by 2.4 per cent on average and real earnings fell by 4.4 per cent in 2022.

Database tables

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Updated database tables
13ru
Classifications used:
  • Sector
  • Base of payment
  • Gender
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
13rv
Classifications used:
  • Sector
  • Base of payment
  • Gender
Reference period cycle:
year
Updating frequency:
quarter
Statistics:
Updated:
11zv
Classifications used:
  • Standard Industrial Classification TOL 2008
  • Base of payment
Statistics:
Updated:
122l
Classifications used:
  • Base of payment
  • Standard Industrial Classification TOL 2008
Statistics:
Updated:
11zt
Classifications used:
    Reference period cycle:
    quarter
    Updating frequency:
    quarter
    Statistics:
    Updated:
    122j
    Classifications used:
      Reference period cycle:
      year
      Updating frequency:
      quarter
      Statistics:
      Updated:
      11zu
      Classifications used:
      • Sector
      • Gender
      Reference period cycle:
      quarter
      Updating frequency:
      quarter
      Statistics:
      Updated:
      122k
      Classifications used:
      • Sector
      • Gender
      Reference period cycle:
      year
      Updating frequency:
      quarter
      Statistics:
      Updated:

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      Documentation

      Description of the production, used methods and quality of the statistics.

      Go to documentation of the statistics

      Referencing instructions

      Official Statistics of Finland (OSF): Index of wage and salary earnings [online publication].
      Reference period: 2022, 4th quarter. ISSN=1798-7814. Helsinki: Statistics Finland [Referenced: 17.11.2024].
      Access method:

      Statistical experts

      Inquiries primarily

      Service email
      palkat.indeksit@stat.fi
      Jukka Tapio
      Senior Statistician
      029 551 3429

      Other experts

      Harri Nummila
      Senior Statistician
      029 551 3235

      Head of Department in charge

      Hannele Orjala
      Head of Department in charge
      029 551 3582