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Home BUSINESSWage, salary earners’ earnings up by 1.3% in July-September
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Thu, 16 Oct, 2014 12:43:26 AM
FTimes Report, Oct. 16
 
Year-on-year changes in index of wage and salary earnings 2000/1–2014/3, per cent. Source: Index of wage and salary earnings 2014, 3rd quarter. Statistics Finland.
The nominal earnings of wage and salary earners rose by 1.3 per cent in July-September 2014 from the respective period in 2013, according to preliminary data of Statistics Finland
Real earnings rose by 0.2 per cent compared to the third quarter of the previous year, because the rise in earnings level was faster than that in consumer prices.
 
During the period from July-September 2013 to the respective period in 2014 the nominal earnings of wage and salary earners rose in the private sector by 1.4 per cent, in the central government sector by 0.9 per cent and in the local government sector by 1.1 per cent, the data show.
 
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.
 
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