Wages and salaries sum increased in October 2025 year-on-year
release | Wage and salary indices 2025, OctoberAccording to Statistics Finland’s data, the working day adjusted wages and salaries sum of the whole economy was 0.5 per cent higher in October 2025 than in October 2024. The seasonally adjusted wages and salaries sum of the whole economy decreased by 1.1 per cent in October from the previous month.
Key selections
- The working day adjusted wages and salaries sum decreased in the private sector by 0.2 per cent from the previous year.
- The working day adjusted wages and salaries sum increased in the public sector by 3.3 per cent from the previous year.
- The working day adjusted wages and salaries sum decreased in the industry of construction by 6.2 per cent in October 2025 year-on-year.
- The working day adjusted wages and salaries sum increased in the industry of finance and insurance by 5.6 per cent in October 2025 year-on-year.
Wages and salaries sum increased by 3.3 per cent year-on-year in the public sector in October
The working day adjusted wages and salaries sum was 0.2 per cent lower in the private sector in October than twelve months earlier. The wages and salaries sum in the public sector was 3.3 per cent higher than a year earlier in the corresponding period. In the private sector, the seasonally adjusted wages and salaries sum decreased by 1.4 per cent and increased in the public sector by 0.4 per cent in October from the month before.
Wages and salaries sum decreased in most main industries in the private sector
The working day adjusted wages and salaries sum decreased in October 2025 in majority of main industries but increased in the industries of finance and insurance and trade compared to October 2024. The working day adjusted wages and salaries sum increased significantly in the industry of finance and insurance (5.6%). The growth was moderate in the industry of trade (0.7%). At the same period the working day adjusted wages and salaries sum decreased in the industries of construction (-6.2%), private health and social work (-3.4%), private education (-2.7%) and other services (-0.1%). The working day adjusted wages and salaries remained same in the industry of manufacturing as year before.
The factors caused by the variation in the number of weekdays are taken into account in adjustment for working days. This means taking into consideration the lengths of months, different weekdays and holidays. In addition, seasonal variation is eliminated from seasonally adjusted series, on account of which it makes sense to compare observations of two successive months as well.
Figures
Trends in the sum of wages and salaries by sector (S 2012)
Trends in the sum of wages and salaries by industry (TOL 2008)
Tables
Year-on-year change in the working day adjusted wages and salaries sum by industry and sector, % (TOL 2008 and S 2012)
Data revisions
Revision of annual changes in the wages and salaries sum in main industries 1)
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