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Revision of data

The data of the statistics have become revised according to the table below. For more information about data revisions, see Section 3 of the quality description (in Finnish).

Revisions to the Labour Cost Index, year-on-year-change 1)

Labour cost index Quarter Year-on-year change, % Revision, %-points
Latest release 9.12.2021 1st release
Private sector, original series 01/2020 0,7 1,0 -0,3
02/2020 0,4 0,8 -0,4
03/2020 0,4 0,4 0,0
04/2020 -1,2 -1,2 0,0
01/2021 3,4 3,2 0,2
02/2021 2,9 2,4 0,5
State sector, original series 01/2020 0,6 0,5 0,1
02/2020 5,2 5,2 0,0
03/2020 0,4 0,4 0,0
04/2020 0,6 0,6 0,0
01/2021 2,1 2,1 0,0
02/2021 2,6 2,5 0,1
Local government sector, original series 01/2020 -0,5 -0,2 -0,3
02/2020 4,2 3,4 0,8
03/2020 3,5 3,6 -0,1
04/2020 1,3 1,3 0,0
01/2021 3,5 3,7 -0,2
02/2021 2,4 2,4 0,0
1) 1st release refers to the point of time when data for the reference period were first published. Revision describes the difference on annual change percentages between the first and the latest release. The revisions are calculated from rounded numbers.

Revisions to data on annual changes in the seasonally adjusted labour cost index

Labour cost index Quarter Year-on-year change, % Revision, %-points
Latest release 9.12.2021 1st release
Private sector, seasonally adjusted series 01/2020 0,0 1,0 -1,0
02/2020 0,7 1,1 -0,4
03/2020 1,0 0,9 0,1
04/2020 0,3 -0,6 0,9
01/2021 2,5 2,1 0,4
02/2021 2,8 2,2 0,6
State sector, seasonally adjusted series 01/2020 1,1 0,5 0,6
02/2020 4,2 4,7 -0,5
03/2020 0,6 0,8 -0,2
04/2020 0,9 0,8 0,1
01/2021 2,3 2,0 0,3
02/2021 2,3 2,0 0,3
Local government sector, seasonally adjusted series 01/2020 0,1 0,0 0,1
02/2020 3,5 2,9 0,6
03/2020 3,6 3,8 -0,2
04/2020 1,8 1,8 0,0
01/2021 3,6 3,4 0,2
02/2021 2,1 2,3 -0,2

Source: Wages, Salaries and Labour Costs, Statistics Finland

Inquiries: Pekka Haapala 029 551 3460, Tuomas Lahti 029 551 3299, Katri Lepikkö 029 551 3233, tvkindeksi@stat.fi

Head of Department in charge: Hannele Orjala

Updated 9.12.2021

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. 3rd quarter 2021, Revision of data . Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/tvki/2021/03/tvki_2021_03_2021-12-09_rev_001_en.html