HELSINKI: The Finnish statics showed that the wages and salaries of the whole economy remained 1.2% higher than in the corresponding period of 12 months earlier.
The wages and salaries sum of the whole economy grew by 1.3 per cent year-on-year in February alone. The wages and salaries sum grew by 1.2 per cent in the December to February period one year ago, the data show. The wages and salaries sum grew in the December to February period in all main industries with the exception of manufacturing, where the wages and salaries sum contracted by 0.4 per cent.
The growth in the wages and salaries sum was fastest in private health and social work being 3.8% and in construction 3.5%. The wages and salaries sum grew by 1.8 per cent in the private sector year-on-year. The wages and salaries sum in the private sector was 1.8 per cent greater in the December to February period than in the respective time period 12 months earlier. In the public sector, the wages and salaries sum remained on level with the previous year in the latest three-month period.
