Wage, salary drop in September from August but increase Y-on-Y

The working day adjusted wages and salaries sum of the whole economy was 2.0 per cent higher in September 2026 than in September 2025, according to Statistics Finland.

The seasonally adjusted wages and salaries sum of the whole economy decreased by 0.5 per cent in September from the previous month.

The wages and salaries sum was 2.2 per cent higher in the private sector in September than twelve months earlier and in the public sector was 3.1 per cent higher than a year earlier in the corresponding period.

In the private sector, the seasonally adjusted wages and salaries sum decreased by 0.6 per cent and increased in the public sector by 0.5 per cent in September from the month before.

The wages and salaries sum grew in September 2026 in the industries of construction, manufacturing, other services and private education but decreased in the industries of private health and social work and finance and insurance compared to September 2025.

The wages and salaries stayed at the same level in the industry of trade compared to September 2025 and increased in the industries of construction (4.2%), manufacturing (3.0%), other services (2,5%) and private education (0,7%).

At the same period the wages and salaries sum decreased in the industries of private health and social work (1.4%) and finance and insurance (0,1%).