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Work, wages and livelihood

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

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.

Line chart on annual changes in the index of wage and salary earnings and the index of real earnings viewed quarterly. In the January to March period of 2023, the index of wage and salary earnings rose by 3.2 per cent compared with the corresponding period of the previous year and the real earnings index fell by 4.8 per cent.

Key points

  • 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

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Updated database tables
13ru
Classifications used:
  • Base of payment
  • Employer sector
  • Gender
Period:
quarter
Statistics:
Updated:
13rv
Classifications used:
  • Employer sector
  • Base of payment
  • Gender
Period:
annual
Statistics:
Updated:
11zt
Classifications used:
    Period:
    quarter
    Statistics:
    Updated:
    122j
    Classifications used:
      Period:
      annual
      Statistics:
      Updated:
      11zu
      Classifications used:
      • Gender
      • Employer sector
      Period:
      quarter
      Statistics:
      Updated:
      122k
      Classifications used:
      • Gender
      • Employer sector
      Period:
      annual
      Statistics:
      Updated:
      New database tables
      Removed database tables

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      Statistical experts

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      Service email
      palkat.indeksit@stat.fi
      Jukka Tapio
      Senior Statistician
      029 551 3429
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      Head of Department in charge