Home > Statistics > Wage and salary indices > 2008 > June > Wages and salaries sum grew by 8.5 per cent in April to June

Published: 14 August 2008

Wages and salaries sum grew by 8.5 per cent in April to June

The wages and salaries sum of the whole economy was 8.5 per cent greater in the past April to June period than in the corresponding period twelve months before. The rate of growth increased from the previous April to June period in which the year-on-year growth in the wages and salaries sum was 5.5 per cent.

The wages and salaries sum went up in all main industries. The growth was fastest in construction where the sum was 12.9 per cent greater in this April to June period than in the corresponding period twelve months earlier. Strong growth was recorded also in private health and social work (11.6 per cent), financial intermediation (10.8 per cent) and other services (10.4 per cent). The wages and salaries sum developed favourably in other industries as well. The increase in the wages and salaries sum was most moderate in manufacturing where it grew by 5.2 per cent during the most recent three-month period.

Year-on-year change in wages and salaries sum in the 4/2008-6/2008 and 4/2007-6/2007 time periods, %

Source: Wage and salary indices, June 2008. Statistics Finland

Inquiries: Ms Reeta Koukkula +358 9 1734 2586, palvelut.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 14.8.2008