Home > Statistics > Wage and salary indices > 2014 > June > Wages and salaries sum grew by one per cent year-on-year in April to June

Published: 11 August 2014

Wages and salaries sum grew by one per cent year-on-year in April to June

According to Statistics Finland, the wages and salaries sum of the whole economy was 1.0 per cent greater in the past April to June period than in the corresponding period twelve months earlier. In June alone, the wages and salaries sum of the whole economy grew by one per cent year-on-year. In the april to June period one year ago, the wages and salaries sum grew by 1.3 per cent.

Year-on-year change in wages and salaries sum in the 04-06/2014 and 04-06/2013 time periods, % (TOL 2008)

The wages and salaries sum grew in the April to June period in all main industries with the exception of manufacturing, where the wages and salaries sum contracted by 0.1 per cent from twelve months back. The growth in the wages and salaries sum was fastest in the private health and social work (4.0%) and construction (2.9 %).

The wages and salaries sum grew by 1.5 per cent in the private sector in April to June year-on-year

The wages and salaries sum in the private sector was 1.5 per cent greater in the April to June period than in the respective time period twelve months earlier. In the public sector, the wages and salaries sum decreased by 0.6 per cent in the latest three-month period from twelve months back. In June alone, the wages and salaries sum in the private sector grew by 1.1 per cent and fell in the public sector by 0.1 per cent from one year earlier. In the April to June period one year ago the wages and salaries sum grew by 2.7 per cent in the public sector and 0.5 per cent in the private sector.

Annual change in the wages and salaries sum of the whole economy, and the private and public sector in 04–06/2014 and 04–06/2013, % (TOL 2008 and S 2012)

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 029 551 3423, palvelut.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in the sum of wages and salaries by industry and sector, % (TOL 2008 and S 2012) (11.8.2014)

Figures

• Appendix figure 1. Trends in the sum of wages and salaries by industry (TOL 2008) (11.8.2014)
• Appendix figure 2. Trends in the sum of wages and salaries by sector (S 2012) (11.8.2014)

Revisions in these statistics

• Revisions in these statistics (11.8.2014)

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Updated 11.8.2014