Wage and salary earners' earnings rose by 1.2 per cent in April-June

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 1.2 per cent in April-June 2014 when compared to the respective period in 2013. Real earnings rose by 0.3 per cent compared to the second quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.

Year-on-year changes in index of wage and salary earnings 2000/1–2014/2, per cent

During the period from April–June 2013 to the respective period in 2014 the nominal earnings of wage and salary earners rose in the private sector by 1.6 per cent, in the central government sector by 0.4 per cent and in the local government sector by 0.4 per cent.

Wage and salary earners' regular earnings increased by 1.2 per cent in April-June

According to preliminary data of Statistics Finland, wage and salary earners' regular earnings rose by 1.2 per cent in April-June 2014 when compared to the respective period in 2013. The increase was 1.6 per cent in the private sector, 0.4 per cent in the central government sector and 0.4 per cent in the local government sector.

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.

According to preliminary data are wage and salary earners’ earnings in July-September 1.3 percent higher than in the previous year

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rises by 1.3 per cent in July-September 2014 when compared to the respective period in 2013. According to preliminary data, the index of wage and salary earnings 2010=100 for the third quarter of 2014 is 109.9. Statistics Finland compiles the preliminary data of the index of wage and salary earnings for the third quarter on the basis of the Employees Pensions Act (2006/395).

Index of wage and salary earnings and index of regular earnings are final as far as the year 2013

The indices are final as far as the year 2013 and they are based on final wage statistics. The indices for 2014 are still preliminary. They are based on the effects of agreements and the wage drift.

Source: Index of wage and salary earnings 2014, 2nd quarter. Statistics Finland

Inquiries: Anu Uuttu 029 551 2322, Harri Nummila 029 551 3235, palkat.indeksit@stat.fi

Director in charge: Hannele Orjala

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Updated 27.8.2014

Referencing instructions:

Official Statistics of Finland (OSF): Index of wage and salary earnings [e-publication].
ISSN=1798-7814. 2nd quarter 2014. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ati/2014/02/ati_2014_02_2014-08-27_tie_001_en.html