Published: 15 May 2013
Wages and salaries sum grew by 1.1 per cent year-on-year in January to March
According to Statistics Finland, the wages and salaries sum of the whole economy was 1.1 per cent greater in the past January to March period than in the corresponding period twelve months earlier. In March alone, the wages and salaries sum of the whole economy grew by 0.5 per cent year-on-year. In the January to March period one year ago, the wages and salaries sum grew by 5.5 per cent.
Year-on-year change in wages and salaries sum in the 1-3/2013 and 1-3/2012 time periods, % (TOL 2008)
In the January to March period, the development of the wages and salaries sum was weaker in all main industries than one year earlier. The wages and salaries sum grew fastest in private health and social work services (+5.9%). The wages and salaries sum developed most weakly in manufacturing enterprises, where it contracted by 2.2 per cent from the year before.
The wages and salaries sum refers to the sum total of the gross wages and salaries paid to employees without incentive stock options. The wages and salaries sum is influenced by changes in employment and in the earnings level of wage and salary earners.
Source: Wage and salary indices, Statistics Finland
Inquiries: Godfrey Lowndes 09 1734 3423, palvelut.suhdanne@stat.fi
Director in charge: Hannele Orjala
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Updated 15.5.2013
Official Statistics of Finland (OSF):
Wage and salary indices [e-publication].
ISSN=1798-6125. March 2013. Helsinki: Statistics Finland [referred: 17.12.2024].
Access method: http://www.stat.fi/til/ktps/2013/03/ktps_2013_03_2013-05-15_tie_001_en.html