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Finland May-July Wages And Salaries Decline

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Monday, Statistics Finland said the wages and salaries sum of the whole economy fell 0.4% year-on-year in the May to July period, compared with the 7.5% increase a year ago.

During the three month period, wage and salaries in the manufacturing sector dropped 7.3% on year, and wages and salaries in the construction sector was down 4.4% in July.

On the other hand, wages and salaries increased in the heath & social work sector, up 9.9% on year, and the education sector, up 7.2% in July.

(Market News Provided by RTTNews)

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