Base year of the Labour Cost Index changes

 

The new base year of the Labour Cost Index is 2012. Index series with the base year 2008 are no longer updated. The old index series for the base year 2008=100 can be found in the StatFin database tables. A coherent time series is available from the beginning of 2007.

 

Source data used in the calculation of the local government sector index have been updated in connection with the base year change. In the base year 2008=100, the data of the largest municipalities and joint municipal authorities were used (excluding the data of teaching personnel following the working hours of compulsory teaching). The 2010=100 index has been calculated from data including all the largest municipalities and joint municipal authorities, as well as a sample of municipalities with a population of over 5,000. All data from the field of education are also included in the calculation of the index.


Last updated 9.6.2015

Referencing instructions:

Official Statistics of Finland (OSF): Labour cost index [e-publication].
ISSN=1798-3746. Helsinki: Statistics Finland [referred: 20.10.2017].
Access method: http://www.stat.fi/til/tvki/tvki_2015-06-09_uut_001_en.html

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