Wages, salaries decrease in July in Finland

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Wages, salaries decrease in July in Finland

The working day adjusted wages and salaries sum of the whole economy was 0.2 per cent lower in July 2025 than in July 2024, according to Statistics Finland.

The seasonally adjusted wages and salaries sum of the whole economy decreased by 1.2 per cent in July from the previous month.

The working day adjusted wages and salaries sum was 0.5 per cent lower in the private sector in July than twelve months earlier.

The wages and salaries sum in the public sector was 1.1 per cent higher than a year earlier in the corresponding period.

In the private sector, the seasonally adjusted wages and salaries sum decreased by 1.5 per cent and decreased in the public sector by 0.1 per cent in July from the month before.

The wages and salaries sum decreased in July 2025 in majority of main industries but increased in the industries of finance and insurance, manufacturing and trade compared to July 2024.

The wages and salaries sum increased significantly in the industry of finance and insurance (5.7%). The growth was moderate in the industries of manufacturing (0.5%) and trade (0.3%).

At the same period wages and salaries sum decreased in the industries of construction (2.4%), private education (1.4%), private health and social work (0.7%) and other services (0.3%).

  •  Wage
  •  Salary
  •  Decrease
  •  July

Source: www.dailyfinland.fi

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