Official Statistics of Finland

Wage and salary indices

Producer: Statistics Finland
Data:

Latest release:
Wages and salaries sum grew by 4.6 per cent in October to December year-on-year
13 Feb 2019
According to Statistics Finland, the wages and salaries sum of the whole economy was 4.6 per cent greater in the October to December period than in the corresponding period twelve months earlier. In December, the wages and salaries sum of the whole economy grew by 2.6 per cent from the year before. One year previously in October to December, the wages and salaries sum of the whole economy increased by 3.5 per cent.

Next release:
Statistical releases will not be issued in English from these statistics in 2019.

Description: Wage and salary indices describe the monthly development of the wages and salaries sum in different industries. Sums of wages and salaries refer to the gross totals of wages and salaries enterprises have paid. Wage and salary indices exclude incentive stock options but include bonuses and other one-off reward items. The calculation is based on estimation of change. Sums by industry are calculated from information on the enterprises with comparable data on wages and salaries from both the examined month and the corresponding month of the previous year. These sums are used to calculate annual changes by industry. Calculation of the annual changes also takes into consideration enterprise openings and closures, as well as restructuring and change of activity. The annual changes thus obtained are used to raise the wage and salary index of the corresponding month of the previous year. The latest index figures may become slightly revised as the volume of data grows and enterprises report changes to their data. Due to supplementations the data will become updated in releases for over twelve months.
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Keywords: branches, business cycles, business enterprises, businesses, companies, corporations, economic fluctuation, enterprises, firms, indices, industries, private sector, public sector, wages and salaries.
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Change: Production of statistics on wage and salary indices is discontinued for the time being
02 Apr 2019

Referencing instructions:

Official Statistics of Finland (OSF): Wage and salary indices [e-publication].
ISSN=1798-6125. Helsinki: Statistics Finland [referred: 20.5.2019].
Access method: http://www.stat.fi/til/ktps/index_en.html