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Published: 31 May 2011

Wage and salary earners' earnings rose by 2.1 per cent in January-March

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 2.1 per cent in January-March 2011 when compared with the respective period in 2010. Real earnings fell by 1.0 per cent compared with the first quarter of the previous year, because the rise in consumer prices was faster than that in earnings level in the first quarter of 2011. The decline in real earnings in the first quarter was the fastest of the 21st century.

Year-on-year changes in index of wage and salary earnings 2000/1–2011/1, per cent

Year-on-year changes in index of wage and salary earnings 2000/1–2011/1, per cent

During the period from January-March 2010 to the respective period in 2011 the nominal earnings of wage and salary earners rose in the central government sector by 2.8 per cent, in the private sector by 2.2 per cent and in the local government sector by 1.7 per cent.

Wage and salary earners' regular earnings increased by 2.1 per cent in January-March

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 1.9 per cent in January-March 2011 when compared with the respective period in 2010. During the period from January-March 2010 to the respective period in 2011 the regular earnings of wage and salary earners rose in the central government sector by 2.8 per cent, in the private sector by 2.2 per cent and in the local government sector by 1.4 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.

Index of wage and salary earnings and index of regular earnings are final as far as the year 2009

The indices are final as far as the year 2009 and they are based on final wage statistics. The indices for 2010 and 2011 are still preliminary. They are mostly based on the effects of agreements and the wage drift.


Source: Index of wage and salary earnings 2011, 1st quarter. Statistics Finland

Inquiries: Annina Rouvinen (09) 1734 3246, Harri Nummila (09) 1734 3235, palkat.indeksit@stat.fi

Director in charge: Kari Molnar

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Updated 31.5.2011

Referencing instructions:

Official Statistics of Finland (OSF): Index of wage and salary earnings [e-publication].
ISSN=1798-7814. 1st quarter 2011. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/ati/2011/01/ati_2011_01_2011-05-31_tie_001_en.html