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Home BUSINESSSalaries grow by 2.2 % in August-October
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Fri, 12 Dec, 2014 12:02:36 AM
FTimes Report, Dec. 12

The wages and salaries sum of the whole economy was 2.2 per cent more in the past August to October period than in the corresponding period twelve months earlier, according to Statistics Finland.

 In October alone, the wages and salaries sum of the whole economy grew by 4.4 per cent year-on-year.   

In the August to October period one year ago, the wages and salaries sum grew by 1.1 per cent.

The wages and salaries sum grew in the August to October period in all main industries with the exception of education services provided by the private sector that remained on level with the previous year, the data show.

The growth in the wages and salaries sum was fastest in the construction (4.0 %) and private health and social work (3.1 %).

The wages and salaries sum grew by 2.6 cent in the private sector while in the public sector, the wages and salaries sum grew by 0.5 per cent in the latest three-month period compared to the corresponding period twelve months back.  

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