Wages and salaries sum increased in July 2026 year-on-year

Wages and salaries sum increased by 0.8 per cent year-on-year in the private sector in July

The working day adjusted wages and salaries sum was 0.8 per cent higher in the private sector in July than twelve months earlier. The wages and salaries sum in the public sector was 3.4 per cent higher than a year earlier in the corresponding period. In the private sector, the seasonally adjusted wages and salaries sum decreased by 1.3 per cent and increased in the public sector by 0.1 per cent in July from the month before.

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Wages and salaries sum decreased in most main industries in the private sector

The working day adjusted wages and salaries sum decreased in July 2026 in majority of main industries but increased in the industries of finance and insurance, other services and manufacturing compared to July 2025. The working day adjusted wages and salaries sum increased in the industries of finance and insurance (3.6%), other services (1.1%) and manufacturing (0.1%). At the same period the working day adjusted wages and salaries sum decreased in the industries of private education (-4.4%), construction (-2.4%), private health and social work (-0.9%) and trade (-0,2%).

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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.