Home > Statistics > Wage and salary indices > 2014 > August > Wages and salaries sum grew by 0.7 per cent year-on-year in June to August

Published: 10 October 2014

Wages and salaries sum grew by 0.7 per cent year-on-year in June to August

According to Statistics Finland, the wages and salaries sum of the whole economy was 0.7 per cent greater in the past June to August period than in the corresponding period twelve months earlier. In August alone, the wages and salaries sum of the whole economy grew by one per cent year-on-year. In the June to August period one year ago, the wages and salaries sum grew by 0.6 per cent.

Year-on-year change in wages and salaries sum in the 06-08/2014 and 06-08/2013 time periods, % (TOL 2008)

The wages and salaries sum grew in the June to August period in all main industries with the exception of the manufacturing (-0.8 %) and financial intermediation (-1.2 %). The growth was fastest in the private health and social work (3.6 %), construction (1.7 %) and other services (1.7 %).

The wages and salaries sum grew by 0.6 per cent in the private sector in June to August year-on-year

The wages and salaries sum in the private sector was 0.6 per cent greater in the June to August period than in the respective time period twelve months earlier. In the public sector, the wages and salaries sum grew by 0.1 per cent in the latest three-month period from twelve months back. In August alone, the wages and salaries sum in the private sector grew by 0.6 per cent and in the public sector by 0.5 per cent from one year earlier. In the June to August period one year ago the wages and salaries sum grew by 2.1 per cent in the public sector and fell by 0.2 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 06–08/2014 and 06–08/2013, % (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

Publication in pdf-format (273.7 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

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) (10.10.2014)

Figures

• Appendix figure 1. Trends in the sum of wages and salaries by industry (TOL 2008) (10.10.2014)
• Appendix figure 2. Trends in the sum of wages and salaries by sector (S 2012) (10.10.2014)

Revisions in these statistics

• Revisions in these statistics (10.10.2014)

---

Updated 10.10.2014