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 quarterChange
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 changeAccording 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.
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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.
Database tables
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Updated database tables
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- Sector
- Base of payment
- Gender
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New database tables
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- Base of payment
- Standard Industrial Classification TOL 2008
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- Base of payment
- Standard Industrial Classification TOL 2008
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Removed database tables
Future releases
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing 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: 16.12.2024].
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Service email
palkat.indeksit@stat.fiJukka Tapio
Senior Statistician
029 551 3429
Other experts
Harri Nummila
Senior Statistician
029 551 3235
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Hannele Orjala
Head of Department in charge
029 551 3582