Wage and salary earners' earnings rose by 4.5 per cent in April-June

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 4.5 per cent in April-June 2009 when compared with the respective period in 2008. The year-on-year rise in real earnings adjusted for the change in consumer prices stood at 4.3 per cent in the second quarter of 2009.

During the period from April-June 2008 to the respective period in 2009 the nominal earnings of wage and salary earners rose in the central government sector by 6.5 per cent, in the private sector by 4.6 per cent and in the local government sector by 3.2 per cent.

According to final data and compared with the year before, the average increase in the level of earnings during 2008 was 5.5 per cent and the increase in real earnings was 1.4 per cent. Earnings rose in the central government sector by 7.5 per cent, in the local government sector by 5.5 per cent and in the private sector by 5.4 per cent last year.

Index of wage and salary earnings 2005=100 and year-on-year change in earnings

Year and quarter	2005=100	Year-on-year change in level of earnings	Year-on-year change in real earnings
2008	112,3	5,5	1,4
2008/4	115,2	5,3	1,4
2009/1*	115,0	4,4	2,7
2009/2*	116,5	4,5	4,3

Wage and salary earners' average earnings for regular working hours in April-June 2009 were roughly EUR 2,940 per month. Men earned, on average, roughly EUR 3,240 and women EUR 2,640. The average earnings of monthly wage earners were roughly EUR 3,090 and the imputed monthly earnings of hourly wage earners EUR 2,460.

Wage and salary earners' regular earnings increased by 5.1 per cent in April-June

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 5.1 per cent in April-June 2009 when compared with the respective period in 2008. The year-on-year increase in regular earnings in the second quarter was 0.6 per cent faster than that of the index of wage and salary earnings, as the performance-based bonuses included in the index of wage and salary earnings decreased in the second quarter.

During the period from April-June 2008 to the respective period in 2009 regular earnings rose in the central government sector by 6.5 per cent, in the private sector by 5.5 per cent and in the local government sector by 3.2 per cent.

Wage and salary earners' regular earnings refer to earnings for regular working hours exclusive of performance-based bonuses and other irregularly paid one-off items.

Source: Index of wage and salary earnings, 2nd quarter 2009. Statistics Finland

Inquiries: Mr Harri Nummila +358 9 1734 3235, Mr Pekka Haapala +358 9 1734 3460, palkat.indeksit@stat.fi

Director in charge: Mr Kari Molnar

Index of wage and salary earnings 2009, 2nd quarter (pdf 309.0 kB)

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Last updated 21.8.2009

Referencing instructions:

Official Statistics of Finland (OSF): Index of wage and salary earnings [e-publication].
ISSN=1798-7814. 2nd quarter 2009. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ati/2009/02/ati_2009_02_2009-08-21_tie_001_en.html