20
FRIDAY, JANUARY 13, 1989
ALSO AVAILABLE
FROM
ARE THE SURVEY
STATISTICS
ON MONTHLY
PAYROLL OUTLAYS IN THE MANUFACTURING SECTOR; THE WHOLESALE AND RETAIL, IMPORT AND EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR;
REAL
INSURANCE,
ESTATE
AND BUSINESS
SERVICES
FINANCING, QUARTERLY TOTALS FOR EACH OF THESE SECTORS ARE SHOWN IN THE TABLE:
AND THE SECTOR. FOLLOWING
TOTAL QUARTERLY PAYROLL IN
X CHANGE.
SELECTED MAJOR
SECTORS OF THE
ECONOMY
3RD QTR.
1987
3RD QTR.
1988
3RD QTR. 1988
ON
3RD QTR. 1987
HK$ MN
HK$ MN
MANUFACTURING
9,253
10,137
WHOLESALE AND
6,708
8,184
+ 9.6
+22.0
RETAIL, IMPORT
AND EXPORT TRADES
AND RESTAURANTS
AND HOTELS
FINANCING,
3,728
4,435
+18.9
INSURANCE,
REAL ESTATE
AND BUSINESS SERVICES
* BASED ON UNROUNDED PAYROLL FIGURES
COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS ABOVE THREE SECTORS INCREASED BY 9.6 PER CENT, 22.0 PER CENT 18.9 PER CENT RESPECTIVELY IN THE THIRD QUARTER OF 1988.
THE
IN
IN
AND
PAYROLL IN
TOTAL MONTHLY FOR VARIATIONS ADJUSTMENT AFTER OUTLAYS IN SEPTEMBER 1987 AND SEPTEMBER 1988, ARISING FROM CHANGES THE LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IS OBTAINED.
INDEX OF TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, THE NOMINAL INDEX IS AND BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL DEFLATED
THESE TWO INDICES FOR SEPTEMBER 1987 PAYROLL PER PERSON ENGAGED. SEPTEMBER 1988 ARE GIVEN IN THE TABLES BELOW :-
/NOMINAL INDEX OF