HELSINKI: The nominal earnings of wage and salary earners rose by 1.3 per cent year-on-year in January–March 2016, according to preliminary data of Statistics Finland. Real earnings rose by the same amount as nominal earnings because consumer prices remained the same in the first quarter of 2016.
During the period from January–March 2015 to the respective period in 2016 the nominal earnings of wage and salary earners rose in the private sector by 1.3 per cent, in the central government sector by 1.9 per cent and in the local government sector by 1.0 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.
