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Published: 16 October 2008

Wages and salaries sum grew by 6.6 per cent in June to August

The wages and salaries sum of the whole economy was 6.6 per cent greater in the past June to August period than in the corresponding period twelve months before. The rate of growth increased from the previous June to August period in which the year-on-year growth in the wages and salaries sum was 5,4 per cent.

The wages and salaries sum went up in all the industries for which statistics are compiled. The growth was fastest in private health and social work where the sum was 11.2 per cent greater in this June to August period than in the corresponding period twelve months earlier. Strong growth was recorded also in construction (9.5 per cent), trade (9.2 per cent) and other services (9 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 2.1 per cent during the most recent three-month period.

Year-on-year change in wages and salaries sum in the 6/2008-8/2008 and 6/2007-8/2007 time periods, %

A revised standard industrial classification, TOL 2008, and base year 2005=100 will be introduced in these statistics starting from data concerning January 2009. 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, August 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 16.10.2008

Referencing instructions:

Official Statistics of Finland (OSF): Wage and salary indices [e-publication].
ISSN=1798-6125. August 2008. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ktps/2008/08/ktps_2008_08_2008-10-16_tie_001_en.html