APPENDIX K
RECENT WAGES INCREASE AND CONSUMER PRICE
1955-1960
1960-1965
Nominal
Real
Nominal
Real
Average of Manufacturing Industries
124.1
115.0
221.8
142.6
(Annual Rate)
(4·4)
(2.8)
(10.5)
(4·5)
Textile Industries
127.7
118.4
241.9
155.6
(Annual Rate)
(5.0)
(3.4)
(11.7)
(5-7)
Consumer Price
107.9 (1.5)
155.5 (5.7)
SOURCE: Ministry of Labour "Monthly Labour Statistics" NOTE: Nominal Wages = Index Number of Regular Pay
Real Wages Index Number of Regular Pay
=
Consumer Price Index
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