Finland Times

Real earnings rose by 0.6 per cent compared to the second quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.

According to the Statistics Finland data, the nominal earnings of wage and salary earners rose in the private sector by 2.1 per cent, in the central government sector by 2.3 per cent and in the local government sector by 1.9 per cent.

During the same period, wage and salary earners' regular earnings increased by 2.4 per cent. It was 2.4 per cent in the private sector, 2.7 per cent in the central government sector and 2.4 per cent in the local government sector.

Wage and salary earners' regular earnings refer to earnings for regular working hours exclusive of performance-based bonuses and other irregularly paid one-off items.

Wage and salary earners' earning in July-September period was 2.3 per cent higher than in the previous year.