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Base year of the Labour Cost Index changes

The new base year of the Labour Cost Index is 2016. Index series with the base year 2012 are no longer updated. The old index series for the base year 2012=100 can be found in the StatFin database tables. A coherent time series is available from the beginning of 2007.

The labor cost index will be published with seasonal adjusted series for labor cost of local government data. Point-figures will be published for the first time on 7.6.2019.

The labor cost index will be based on the Incomes register's wages and salaries sum from the first quarter 2019 on. The Incomes Register is a national online database. It contains information on individuals' wages, pensions and benefits. The Finnish Tax Administration's Incomes Register Unit will maintain the register and serve as the responsible authority.

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Last updated 7.6.2019