Correction
The first key point has been corrected.
Read more about the correctionLabour cost index 2025, 1st quarter
Private sector cost of an hour worked increased by 5.9 per cent in January to March 2025
releaseAccording to Statistics Finland, labour costs in the private sector increased by 5.9 per cent in January to March 2025 when compared to the respective period of the year before. In the central government sector, costs grew by 5.3 per cent and in local government by 7.7 per cent.
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Key selections
- The first quarter of 2025 had 62 working days, which is one less than in the corresponding period of 2024.
- In the local government, the cost of an hour worked grew more than in private sector and in the central government in January to March 2025 from one year ago.
- Among private sector industries, the biggest rise in labour costs was recorded in metal industry (C 24-30), 7.2 %.
- Costs in the private sector grew least in chemical industry (C 19-22), 1.9 %.
- In the labour cost index, growth in costs is usually curbed by growth in the number of working days.
Tables
See key statistical data in the tables.
Labour costs, index points 2023Q1-2025Q1
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Labour costs, annual change percentages 2023Q1-2025Q1
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Data revisions
See key statistical data in the tables.
Revisions to annual changes in the original labour cost index by sector
| 1/2024 | 2/2024 | 3/2024 | 4/2024 | 2024 | ||
|---|---|---|---|---|---|---|
| Private sector | 1st release, % | 2,7 | 1,9 | 1,6 | 2,2 | 1,7 |
| Latest release, % | 1,9 | 1,0 | 1,7 | 2,1 | 1,7 | |
| Revision, %-points | -0,8 | -0,9 | 0,1 | -0,1 | 0,0 | |
| Central government | 1st release, % | 6,9 | -0,7 | 4,1 | 7,2 | 3,9 |
| Latest release, % | 6,5 | -1,0 | 3,8 | 6,8 | 3,6 | |
| Revision, %-points | -0,4 | -0,3 | -0,3 | -0,4 | -0,3 | |
| Local government | 1st release, % | 6,9 | 1,2 | 1,8 | 3,2 | 3,0 |
| Latest release, % | 5,9 | 1,4 | 2,0 | 3,1 | 2,9 | |
| Revision, %-points | -1,0 | 0,2 | 0,2 | -0,1 | -0,1 | |
1st release refers to the point of time when data for the reference period were first published. Revision describes the difference on annual change percentages between the latest and the first release. The revisions are calculated from rounded numbers.
Revisions to annual changes in the seasonally adjusted labour cost index by sector
| 1/2024 | 2/2024 | 3/2024 | 4/2024 | 2024 | ||
|---|---|---|---|---|---|---|
| Private sector | 1st release, % | 1,9 | 2,8 | 1,6 | 1,9 | 1,7 |
| Latest release, % | 1,2 | 1,8 | 1,8 | 2,1 | 1,7 | |
| Revision, %-points | -0,7 | -1,0 | 0,2 | 0,2 | 0,0 | |
| Central government | 1st release, % | 7,1 | -0,4 | 3,6 | 6,7 | 4,3 |
| Latest release, % | 6,4 | -0,3 | 3,3 | 6,5 | 3,9 | |
| Revision, %-points | -0,7 | 0,1 | -0,3 | -0,2 | -0,4 | |
| Local government | 1st release, % | 5,6 | 2,2 | 2,3 | 3,0 | 3,0 |
| Latest release, % | 5,0 | 1,7 | 2,6 | 3,3 | 3,1 | |
| Revision, %-points | -0,6 | -0,5 | 0,3 | 0,3 | 0,1 | |
1st release refers to the point of time when data for the reference period were first published. Revision describes the difference on annual change percentages between the latest and the first release. The revisions are calculated from rounded numbers.
Database tables
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Future releases
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Referencing instructions
Official Statistics of Finland (OSF): Labour cost index [online publication].
Reference period: 2025, 1st quarter. ISSN=1798-3746. Helsinki: Statistics Finland [Referenced: 27.10.2026].
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Further information about the statistics
Labour cost indexDocumentation of the statisticsRelated topics
Contact information
Statistics experts
tvkindeksi@stat.fiInquiries primarily
Antti Saarinen
Senior Statistician
029 551 3551
Other experts
Tuomas Lahti
Senior Statistician
029 551 3299
Head of Department in charge
Hannele Orjala
Head of Department in charge
029 551 3582