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Development of wage and salary earners’ real earnings made an upturn in April to June 2023

Release related to topics:Work, wages and livelihood
release | Index of wage and salary earnings 2023, 2nd 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 4.0 per cent in April to June 2023 when compared with the respective period in 2022. Over the same period, the real earnings level of wage and salary earners decreased by 2.8 per cent because the rise in consumer prices was faster than that of the earnings level. By contrast, real earnings increased by 0.4 per cent compared with January to March 2023.

Key selections

  • Non-recurring items contributed to the growth in the index of wage and salary earnings in the second 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 second quarter of 2023.
  • The development of the real earnings level of wage and salary earners made an upturn in the second quarter of 2023.
  • Due to the development of the past two years, the real earnings level of wage and salary earners fell to the level of 14 years ago.

Database tables

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Updated database tables
13ru
Classifications used:
  • Sector
  • Base of payment
  • Gender
Reference period cycle:
quarter
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quarter
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13rv
Classifications used:
  • Sector
  • Base of payment
  • Gender
Reference period cycle:
year
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quarter
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Updated:
13dz
Classifications used:
  • Base of payment
  • Standard Industrial Classification TOL 2008
Reference period cycle:
quarter
Updating frequency:
quarter
Statistics:
Updated:
13ea
Classifications used:
  • Base of payment
  • Standard Industrial Classification TOL 2008
Reference period cycle:
year
Updating frequency:
quarter
Statistics:
Updated:
11zt
Classifications used:
    Reference period cycle:
    quarter
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    122j
    Classifications used:
      Reference period cycle:
      year
      Updating frequency:
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      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
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      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: 2023, 2nd quarter. ISSN=1798-7814. Helsinki: Statistics Finland [Referenced: 22.2.2025].
      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