Home > Statistics > Index of wage and salary earnings > 2012 > 4th quarter > Wage and salary earners' earnings rose by 3.2 per cent in October-December

Published: 5 February 2013

Wage and salary earners' earnings rose by 3.2 per cent in October-December

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 3.2 per cent in October-December 2012 when compared to the respective period in 2011. Real earnings rose by 0.8 per cent compared to the fourth quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.

Year-on-year changes in index of wage and salary earnings 2000/1–2012/4, per cent

During the period from October-December 2011 to the respective period in 2012 the nominal earnings of wage and salary earners rose in the central government sector by 3.4 per cent, in the private sector by 3.3 per cent and in the local government sector by 2.6 per cent.

Compared to the year before, the average increase in the level of earnings during 2012 was 3.5 per cent, whereas the increase in real earnings was 0.7 per cent according to preliminary data.

Wage and salary earners' regular earnings increased by 2.9 per cent in October-December

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 2.9 per cent in October-December 2012 when compared to the respective period in 2011. During the period from October-December 2011 to the respective period in 2012 the regular earnings of wage and salary earners rose in the central government sector by 3.0 per cent, in the local government sector by 2.5 per cent and in the private sector by 3.0 per cent.

Wage and salary earners' regular earnings refer to earnings for regular working hours exclusive of performance-based bonuses and other irregularly paid one-off items.

Index of wage and salary earnings and index of regular earnings are final as far as the year 2011

The indices are final as far as the year 2011 and they are based on final wage statistics. The indices for 2012 are still preliminary. They are mostly based on the effects of agreements and the wage drift.

Data in appendix table 11: ”Average monthly earnings by employer sector and gender” of the publication concerning the 3rd quarter of 2012 have been revised. The revision concerns the annual average 2010. Revised data are available at http://tilastokeskus.fi/til/ati/2012/03/ati_2012_03_2012-10-15_tau_011_en.html

Source: Index of wage and salary earnings 2012, 4th quarter. Statistics Finland

Inquiries: Hanna Heljala 09 1734 3772, Harri Nummila 09 1734 3235, palkat.indeksit@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Index of wage and salary earnings 2010=100 by employer sector and base of payment (5.2.2013)
• Appendix table 2. Index of regular earnings 2010=100 by employer sector and base of payment (5.2.2013)
• Appendix table 3. Index of wage and salary earnings 2010=100 by employer sector and gender (5.2.2013)
• Appendix table 4. Index of regular earnings 2010=100 by employer sector and gender (5.2.2013)
• Appendix table 5. Index of wage and salary earnings 2010=100 by industry, (TOL 2008) (5.2.2013)
• Appendix table 6. Index of regular earnings 2010=100 by industry, (TOL 2008) (5.2.2013)
• Appendix table 7. Index of wage and salary earnings 2005=100 by employer sector and gender (5.2.2013)
• Appendix table 8. Index of wage and salary earnings 2005=100 by industry, (TOL 2008) (5.2.2013)
• Appendix table 9. Index of wage and salary earnings, percentage changes (5.2.2013)
• Appendix table 10. Index of regular earnings, percentage changes (5.2.2013)
• Appendix table 11. Average monthly earnings by employer sector and gender (5.2.2013)

Revisions in these statistics

• Revisions in these statistics (5.2.2013)

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Updated 5.2.2013