Finland April-June Wages And Salaries Decline

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Thursday, the Statistics Finland said the wages and salaries sum of the whole economy fell 0.3% year-over-year in the April to June period, compared with a 8.1% increase in a year ago.

During the period, wages and salaries in manufacturing sector dropped 7%, while that of in construction sector dipped 5.7%. The wages and salaries sum also dropped in trade and financial intermediation. However, the private educational service sector wages and salaries grew 8.1%.

In the first quarter, the wages and salaries sum increased 0.7% compared to the previous year.

Thursday, the Statistics Finland said the wages and salaries sum of the whole economy fell 0.3% year-over-year in the April to June period, compared with a 8.1% increase in a year ago. (Market News Provided by RTTNews)