Sector-specific labour cost developments from the perspective of the industrial sector's cost structure
Kivistö, Jarkko (29.05.2013)
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074266
Labour costs in economic segments producing intermediate goods for the manufacturing sector have grown significantly faster in Finland than in competitor countries in 1999 2011. The relatively rapid pace of growth in labour costs has passed through into intermediate goods prices, which has contributed to weakening the competitiveness of the exports industry.