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Published: 28 May 2014

Wage and salary earners' earnings rose by 1.8 per cent in January-March

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 1.8 per cent in January-March 2014 when compared to the respective period in 2013. Real earnings rose by 0.5 per cent compared to the first 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 2000/1–2014/1, per cent

During the period from January–March 2013 to the respective period in 2014 the nominal earnings of wage and salary earners rose in the private sector by 1.9 per cent, in the central government sector by 2.3 per cent and in the local government sector by 1.0 per cent.

According to revised data and compared with the year before, the average increase in the level of earnings during year 2013 was 2.2 per cent and the increase in real earnings was 0.7 per cent. During 2013, the nominal earnings of wage and salary earners rose in the private sector by 2.4 per cent, in the central government sector by 2.0 per cent, and in the local government sector by 1.7 per cent. Earnings increased by 2.2 per cent both for female and male employees during 2013.

Wage and salary earners' regular earnings increased by 1.8 per cent in January-March

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 1.8 per cent in January–March 2014 when compared to the respective period in 2013. The increase was 1.9 per cent in the private sector, 2.3 per cent in the central government sector and 1.0 per cent in the local government sector.

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 2012

The indices are final as far as the year 2012 and they are based on final wage statistics. The indices for 2013 and 2014 are still preliminary. The indices for 2013 are mostly based on final wage statistics. The indices for 2014 are based on the effects of agreements and the wage drift.

Source: Index of wage and salary earnings 2014, 1st quarter. Statistics Finland

Inquiries: Anu Uuttu 09 1734 2322 (9.6.2014 => 029 551 2322), Harri Nummila 09 1734 3235 (9.6.2014 => 029 551 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 (28.5.2014)
• Appendix table 2. Index of regular earnings 2010=100 by employer sector and base of payment (28.5.2014)
• Appendix table 3. Index of wage and salary earnings 2010=100 by employer sector and gender (28.5.2014)
• Appendix table 4. Index of regular earnings 2010=100 by employer sector and gender (28.5.2014)
• Appendix table 5. Index of wage and salary earnings 2010=100 by industry, (TOL 2008) (28.5.2014)
• Appendix table 6. Index of regular earnings 2010=100 by industry, (TOL 2008) (28.5.2014)
• Appendix table 7. Index of wage and salary earnings 2005=100 by employer sector and gender (28.5.2014)
• Appendix table 8. Index of wage and salary earnings 2005=100 by industry, (TOL 2008) (28.5.2014)
• Appendix table 9. Index of wage and salary earnings 2010=100, percentage changes (28.5.2014)
• Appendix table 10. Index of regular earnings 2010=100, percentage changes (28.5.2014)
• Appendix table 11. Average monthly earnings by employer sector and gender (28.5.2014)

Revisions in these statistics

• Revisions in these statistics (28.5.2014)

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Updated 28.5.2014