Finnish Wages Rise 2.3% Year‑on‑Year in May 2026

According to the Finnish Statistics Office, the adjusted wage sum for the entire economy increased 2.3 % in May 2026 compared with May 2025. Private‑sector wages rose 2.2 % and public‑sector wages 2.0 %. In the private sector, the industrial sector saw the largest increase of 6.8 %, while finance and insurance grew 3.5 %, construction 3.1 % and other services 1.5 %. The private health and social services sector declined 1.6 %, and private education and trade fell 0.5 % and 0.1 % respectively. Seasonally adjusted wage sum fell 0.6 % from the previous month, and private‑sector seasonally adjusted wages decreased 0.7 %. Seasonal adjustments account for varying weekday numbers and public holidays.

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