Home > Statistics > Index of wage and salary earnings > 2016 > 4th quarter > Wage and salary earners' earnings rose by 1.0 per cent in October–December

Published: 3 February 2017

Wage and salary earners' earnings rose by 1.0 per cent in October–December

According to preliminary data of Statistics Finland, the nominal earnings of wage and salary earners rose by 1.0 per cent in October–December 2016 when compared to the respective period in 2015. Real earnings rose by 0.3 per cent compared to the fourth quarter of the previous year.

Year-on-year changes in index of wage and salary earnings 2000/1–2016/4, per cent

During the period from October–December 2015 to the respective period in 2016 the nominal earnings of wage and salary earners rose in the private sector by 1.0 per cent, in the central government sector by 1.1 per cent and in the local government sector by 1.0 per cent.

Compared to the year before, the average increase in the level of earnings during 2016 was 1.2 per cent, whereas the increase in real earnings was 0.8 per cent according to preliminary data.

Wage and salary earners' regular earnings increased by 1.0 per cent in October–December

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. Wage and salary earners' regular earnings rose by 1.0 per cent in October–December 2016 when compared to the respective period in 2015. The increase was 1.0 per cent in the private sector, 1.1 per cent in the central government sector and 1.0 per cent in the local government sector.

Index of wage and salary earnings and index of regular earnings are final as far as the year 2015

The indices are final as far as the year 2015 and they are based on final wage statistics. The indices for 2016 are still preliminary. They are based on the effects of agreements and the wage drift. In addition, the data on performance-based bonuses of the Labour Cost Index are used to assess performance-based bonuses in the calculation of the preliminary indices of the index of wage and salary earnings.

Source: Index of wage and salary earnings 2016, 4th quarter. Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Index of wage and salary earnings 2010=100 by employer sector and base of payment (3.2.2017)
• Appendix table 2. Index of regular earnings 2010=100 by employer sector and base of payment (3.2.2017)
• Appendix table 3. Index of wage and salary earnings 2010=100 by employer sector and gender (3.2.2017)
• Appendix table 4. Index of regular earnings 2010=100 by employer sector and gender (3.2.2017)
• Appendix table 5. Index of wage and salary earnings 2010=100 by industry, (TOL 2008) (3.2.2017)
• Appendix table 6. Index of regular earnings 2010=100 by industry, (TOL 2008) (3.2.2017)
• Appendix table 7. Index of wage and salary earnings 2005=100 by employer sector and gender (3.2.2017)
• Appendix table 8. Index of wage and salary earnings 2005=100 by industry, (TOL 2008) (3.2.2017)
• Appendix table 9. Index of wage and salary earnings 2010=100, percentage changes (3.2.2017)
• Appendix table 10. Index of regular earnings 2010=100, percentage changes (3.2.2017)
• Appendix table 11. Average earnings by employer sector and gender, EUR/month (3.2.2017)

Revisions in these statistics

• Revisions in these statistics (3.2.2017)

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Updated 03.02.2017