Wage Statistics for December
2002 and
Payroll Statistics for 4th Quarter 2002
Friday, 28 March 2003
| Table 1 : | Year-on-Year Changes (%) in
Nominal and Real Wage Index by Selected Major Sector : from December 2001 to December 2002 |
| December | March | June | September | December | |
| Selected Major Sector | 2001 | 2002 | 2002 | 2002 | 2002 |
| Manufacturing | +1.4 (+8.1) |
-2.1 (-0.2) |
-0.7 (+3.4) |
-1.5 (+2.8) |
-1.4 (-2.5) |
| Wholesale, Retail and Import/ Export Trades, Restaurants and Hotels |
+0.8 (+7.5) |
-0.4 (+1.6) |
-0.9 (+3.2) |
-2.2 (+2.1) |
-1.4 (-2.5) |
| Transport Services | +2.0 (+8.7) |
+1.1 (+3.1) |
+0.8 (+4.9) |
# (+4.4) |
+0.5 (-0.5) |
| Financing, Insurance, Real Estate (Except Agencies) and Business Services** |
-2.5 (+4.0) |
-1.7 (+0.3) |
-1.8 (+2.2) |
# (+4.4) |
+0.3 (-0.8) |
| Personal Services | -0.9 (+5.7) |
-0.9 (+1.1) |
-2.0 (+2.0) |
-3.0 (+1.3) |
-0.1 (-1.1) |
| All Sectors @ | +0.2 (+6.9) |
-0.8 (+1.2) |
-0.9 (+3.1) |
-1.5 (+2.8) |
-0.8 (-1.8) |
Notes : |
|
# Change within 0.05% |
|
Figures not in brackets denote percentage changes in the Nominal Wage Indices. Figures in brackets denote percentage changes in the corresponding real indices. The Real Wage Index is obtained by deflating the nominal index by the 1999/2000-based Consumer Price Index (A). |
|
The distinctly larger year-on-year increases in the Real Wage Indices in December 2001 mainly reflected the influence of a marked decline in the Consumer Price Index (A) caused by the waiver of public housing rentals granted by both the Housing Authority and the Housing Society for December 2001. |
|
The year-on-year decreases in the Real Wage Indices in December 2002 mainly reflected the influence of the increase in the Consumer Price Index (A) caused by a lower base for comparison for December 2001 reflecting the waiver of public housing rentals by both the Housing Authority and the Housing Society in that month. |
|
** |
Not including stock, commodity and bullion brokers, exchanges and services companies; insurance agents and brokers, and real estate agencies. |
@ |
Refer to all industries covered by the survey. |