Wage and salary earners’ real earnings decreased by 4.8 per cent in January to March

Release related to topics:Work, wages and livelihood
release | Index of wage and salary earnings 2023, 1st quarter

Change

The database tables of the index of wage and salary earnings were renewed. Annual change percentages were added to the industry tables.
Read more about the change

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 3.2 per cent in January to March 2023 when compared with the respective period in 2022. Real earnings decreased by 4.8 per cent because the rise in consumer prices was faster than that in the earnings level.

Key selections

  • Non-recurring items contributed to the growth in the index of wage and salary earnings in the first quarter of 2023.
  • The index for regular earnings, which better describes a permanent change in the level of earnings, rose clearly less than the index of wage and salary earnings in the first quarter of 2023.
  • The fall in real earnings slowed down in the first quarter of 2023.

Change

The database tables of the index of wage and salary earnings were renewed. Annual change percentages were added to the industry tables.
Read more about the change

Database tables

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Updated database tables
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    quarter
    Updated:
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      annual
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      Classifications used:
      • Sector
      • Gender
      Period:
      quarter
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      Classifications used:
      • Sector
      • Gender
      Period:
      annual
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      New database tables
      Classifications used:
      • Base of payment
      • Standard Industrial Classification TOL 2008
      Period:
      quarter
      Updated:
      Classifications used:
      • Base of payment
      • Standard Industrial Classification TOL 2008
      Period:
      annual
      Updated:
      Removed database tables

      Future releases

      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: 2023, 1st quarter. ISSN=1798-7814. Helsinki: Statistics Finland [Referenced: 6.10.2024].
      Access method:

      Statistical experts

      Inquiries primarily

      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