Home > Statistics > Wage and salary indices > 2008 > November > Wages and salaries sum grew by 7.2 per cent in September to November

Published: 21 January 2009

Wages and salaries sum grew by 7.2 per cent in September to November

The wages and salaries sum of the whole economy was 7.2 per cent greater in the past September to November period than in the corresponding period twelve months before. The rate of growth increased from the previous September to November period in which the year-on-year growth in the wages and salaries sum was 5.9 per cent.

The wages and salaries sum went up in all main industries. The growth was fastest in private health and social work where the sum was 12.1 per cent greater in this September to November period than in the respective time period twelve months earlier. The wages and salaries sum grew strongly also in construction (10.4%) and other services (8.7%). Likewise, the wages and salaries sum grew favourably in the private educational services sector (8.4%), trade (8.1%) and the public sector (7.8%). The increase in the wages and salaries sum was most moderate in manufacturing where it grew by 2.7 per cent over the latest three-month period.

Year-on-year change in wages and salaries sum in the 9/2008-11/2008 and 9/2007-11/2007 time periods, %

A revised standard industrial classification, TOL 2008, and base year 2005=100 will be introduced in these statistics starting from data concerning January 2009. A news item about the adoption of TOL 2008 in statistics on wage and salary indices is posted on the home page of the statistics.

Source: Wage and salary indices, November 2008. Statistics Finland

Inquiries: Mr Aki Niskanen +358 9 1734 2657, palvelut.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 21.1.2009