Wages increased by 0.9% from the previous quarter
Wages increased by 0.9% on average from the previous quarter according to the quarterly wage index in 4th quarter 2013. From the previous year the increase was 6.0% on average, 6.1% in the private sector and 5.5% in the public sector. The annual increase was 6.1% for the central government employees and 4.9% for the local government employees.
Wages in the private sector by economic activity and occupational group
From the previous quarter, the largest wage increase was in Construction where wages increased by 1.4%. During the same period wages increased the least in Manufacturing or by 0.9%. The annual change of the wage index ranged from 5.6% in Manufacturing to 7.3% in Transport, storage and communication.
Wages for Craft workers increased by 0.6% while wages for General, machine and specialized workers increased by 1.4%. Annual change ranged from 5.1% for Managers to 7.8% for Clerks.
About the wage index
The wage index is a quarterly index and shows the changes of regular hourly wages. Data for the private sector is published by occupational group and economic activity. Data for the public sector is published by administrative level. Employees in the public sector work for the municipalities and the central government. Other employees belong to the private sector.