In total, it presented an increase of 7.4 percent spread over two years, of 4.1 percent in the first year and 3.3 percent in the second. This means an annual rate of about 3.7 percent.
According to Fredrik N G Andersson, economist at Lund University, the result is "a little above expected" given that the mediators originally made a much lower bid.
"Wage earners have held back quite a bit in recent wage movements. You can't demand that they always do that," he says in SVT's live broadcast.
The economist: "Puts pressure on inflation"
At the same time, wage increases are below inflation, which means that real wages are falling. But according to Andersson, wage increases are still high enough to put "some pressure on inflation."
"These are high enough wage increases that it could become a problem for the Riksbank," he says.
He believes that in practice this means that real wages are likely to fall more slowly than they have done "in a normal year" with a more stable economy.
Watch Fredrik N G Andersson explain what has been the most difficult in the industrial negotiations in the video above.