Home > Statistics > Wage and salary indices > 2015 > April > Wages and salaries sum grew by 2.8 per cent year-on-year in February to April

Published: 10 June 2015

Wages and salaries sum grew by 2.8 per cent year-on-year in February to April

According to Statistics Finland, the wages and salaries sum of the whole economy was 2.8 per cent greater in the past February to April period than in the corresponding period twelve months earlier. In April alone, the wages and salaries sum of the whole economy grew by 4.1 per cent year-on-year. In the February to April period one year ago, the wages and salaries sum contracted by 0.2 per cent.

Year-on-year change in wages and salaries sum in the 02/2015-04/2015 and 02/2014-04/2014 time periods, % (TOL 2008)

The wages and salaries sum grew in the February to April period in all main industries. The growth in the wages and salaries sum was fastest in construction (5.8 %), private health and social work (4.4 %) and manufacturing (4 %). The rising of the wages and salaries sum was most moderate in the private sector providing educational services (0,5 %) and trade (1.1 %).

The wages and salaries sum grew by 3.8 per cent in the private sector in February to April year-on-year

The wages and salaries sum in the private sector was 3.8 per cent greater in the February to April period than in the respective time period twelve months earlier. In the public sector, the wages and salaries grew by one percent in the latest three-month period. In April alone, the wages and salaries sum in the private sector grew by 5.9 per cent and in the public sector by 1.3 per cent. In the February to April period one year ago the wages and salaries sum contracted by 0.5 per cent in the public sector and 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 02/2015-04/2015 and 02/2014-04/2014, % (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: Suvi Kiema 029 551 2738 , 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) (10.6.2015)

Figures

• Appendix figure 1. Trends in the sum of wages and salaries by industry (TOL 2008) (10.6.2015)
• Appendix figure 2. Trends in the sum of wages and salaries by sector (S 2012) (10.6.2015)

Revisions in these statistics

• Revisions in these statistics (10.6.2015)

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Updated 10.6.2015