Earnings of Finnish employees increased at a notably faster pace in June, after recording a weaker growth in the previous month, data released by Statistics Finland showed Monday.
Wages and salaries in the overall economy, which refers to the sum total of the gross wages and salaries paid to employees without incentive stock options, increased 6.5 percent on an annual basis in June, markedly faster than the 3.6 percent gain seen in May. In April, earnings had increased 4 percent year-on-year.
In the April-June period, wages advanced 4.8 percent from the corresponding period a year earlier, with all sectors posting increase.
In the first half of 2012, overall wages increased 5.2 percent from the firs six months of last year, the agency said.
by RTT Staff Writer
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