Finland Times

 

Year-on-year changes in index of wage and salary earnings 2000/1–2015/2, per cent. Source: Index of wage and salary earnings 2015, 2nd quarter. Statistics Finland.

The nominal earnings of wage and salary earners went up rose by 1.2 per cent in April–June 2015, compared to the respective period in 2014, according to preliminary data of Statistics Finland.  

 

Real earnings rose by 1.3 per cent compared with the second quarter of the previous year.

 

The nominal earnings of wage and salary earners rose in the private sector by 1.2 per cent, in the central government sector by 1.7 per cent and in the local government sector by 1.0 per cent during the period from April–June 2014 to the respective period in 2015 as per the statistics.

 

The rising of real earnings was affected by falling consumer prices. Inflation was negative in the second quarter of 2015.

 

Wage and salary earners' regular earnings rose by 1.2 per cent in April–June 2015 compared to the respective period in 2014. 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.

 

The data describing 2014 are based on the realised earnings development. When examining the full year 2014 earnings development by industry, earnings increased by 2.8 per cent in the industry of administrative and support service activities.

 

Growth in trade amounted to 2.5 per cent, according to the statistics.   

 

The nominal earnings of wage and salary earners rose by 1.0 per cent in July–September 2015 compared to the respective period in 2014.