Wages and salaries sum grew by 7.2 per cent in 2008

The wages and salaries sum of the whole economy grew by 7.2 per cent in 2008. The rate of growth was faster than in 2007, when it reached 5.9 per cent. In the last quarter of 2008 the wages and salaries sum of the whole economy was 5.4 per cent higher than one year previously. The wages and salaries sum went up in all main industries during the last quarter of the year. The growth was fastest in private health and social work (11%) and construction (8.8%), and slowest in the public sector (3.5%) and manufacturing (3.7%).

Year-on-year change in wages and salaries sum in the 10/2008-12/2008 and 10/2007-12/2007 time periods, %

Starting from the next release, the revised standard industrial classification TOL 2008 and base year 2005=100 will be adopted in these statistics. A news item about the adoption of TOL 2008 in statistics on wage and salary indices is posted on the home page of the statistics.

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

Inquiries: Mr Aki Niskanen +358 9 1734 2657, palvelut.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 16.2.2009

Referencing instructions:

Official Statistics of Finland (OSF): Wage and salary indices [e-publication].
ISSN=1798-6125. December 2008. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/ktps/2008/12/ktps_2008_12_2009-02-16_tie_001_en.html