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Published: 20 March 2009

Wages and salaries sum grew by 4.1 per cent in November to January

The wages and salaries sum of the whole economy was 4.1 per cent greater in the past November to January period than in the corresponding period twelve months before. The rate of growth slowed down from the previous November to January period during which the year-on-year growth in the wages and salaries sum was 8.1 per cent. The growth in the wages and salaries sum is mostly due to a rise in the level of earnings.

The growth in the wages and salaries sum slowed down in all main industries. Growth stayed nearly on level with the year before in private health and social work (10.4%) and in the private educational services sector (6.5%). In other industries the growth in the wages and salaries sum slowed down clearly from the comparison period of the year before. The growth was slowest in manufacturing, where the wages and salaries sum grew by 1.8 per cent over the latest three-month period.

Year-on-year change in wages and salaries sum in the 11/2008-1/2009 and 11/2007-1/2008 time periods, % (TOL 2008)

The standard classification of industries TOL 2008 and base year 2005=100 were introduced in Wage and salary indices starting from data concerning January 2009. Further information about the TOL 2008 classification is available in the TOL 2008 section on Statistics Finland's website. Further information about the transition of the wage and salary indices to standard industrial classification TOL 2008 is available under Revisions in these statistics.

 

Source: Wage and salary indices, January 2009. 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 20.3.2009

Referencing instructions:

Official Statistics of Finland (OSF): Wage and salary indices [e-publication].
ISSN=1798-6125. January 2009. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/ktps/2009/01/ktps_2009_01_2009-03-20_tie_001_en.html