Private sector cost of an hour worked increased by 5.9 per cent in January to March 2025

Release related to topics:EnterprisesWork, wages and livelihood
release | Labour cost index 2025, 1st quarter

According 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.

Key selections

  • The first quarter of 2025 had 62 working days, which is the same as 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

Labour costs, annual change percentages 2023Q1-2025Q1

Data revisions

See key statistical data in the tables.

Revisions to annual changes in the original labour cost index by sector

Revisions to annual changes in the seasonally adjusted labour cost index by sector

Database tables

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Updated database tables
Classifications used:
  • Industry (TOL 2008)
Reference period cycle:
quarter
Updating frequency:
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Updated:
Classifications used:
  • Industry (TOL 2008)
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year
Updating frequency:
quarter
Updated:
Classifications used:
  • Industry (TOL 2008)
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Industry (TOL 2008)
Reference period cycle:
year
Updating frequency:
quarter
Updated:
Classifications used:
    Reference period cycle:
    quarter
    Updating frequency:
    quarter
    Updated:
    Classifications used:
      Reference period cycle:
      year
      Updating frequency:
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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): Labour cost index [online publication].
      Reference period: 2025, 1st quarter. ISSN=1798-3746. Helsinki: Statistics Finland [Referenced: 7.6.2025].
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      Statistical experts

      Inquiries primarily

      Service email
      tvkindeksi@stat.fi
      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