THURSDAY, JULY 13, 1989
COMPARED WITH DECEMBER 1988, THE NUMBER OF
REPORTED VACANCIES
AND RETAIL, IMPORT AND EXPORT
FINANCING,
IN THE MANUFACTURING, THE WHOLESALE
THE AND
INSURANCE, TRADES, RESTAURANTS AND HOTELS ESTATE AND BUSINESS SERVICES SECTORS INCREASED BY 10.2 PER CENT, PER CENT AND 9.4 PER CENT RESPECTIVELY IN MARCH 1989.
REAL 15.7
ARE STATISTICS ON THE SURVEY
MONTHLY ALSO AVAILABLE FROM PAYROLL OUTLAYS IN THE MANUFACTURING SECTOR; THE WHOLESALE AND RETAIL,
AND THE IMPORT AND EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR; FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES QUARTERLY TOTALS FOR EACH OF THESE SECTORS ARE SHOWN IN THE TABLE:
SECTOR. FOLLOWING
TOTAL QUARTERLY PAYROLL IN
% CHANGE*
SELECTED MAJOR SECTORS OF THE ECONOMY
1ST QTR. 1988
197 QTR. 1989
1ST QTR. 1989
ON
1ST QTR. 1988
HK$ MN
HK$ MN
MANUFACTURING
10,522
11,712
+11.3
WHOLESALE AND
8,950
11,071
+23.7
RETAIL, IMPORT
AND EXPORT TRADES
AND RESTAURANTS
AND HOTELS
FINANCING,
INSURANCE, REAL ESTATE
AND BUSINESS SERVICES
4.440
5,970
+34.4
* BASED ON UNROUNDED PAYROLL FIGURES
COMPARED WITH SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS
CENT, 23.7 PER ABOVE THREE SECTORS INCREASED BY 11.3 PER 34.4 PER CENT RESPECTIVELY IN THE FIRST QUARTER OF 1989.
AFTER ADJUSTMENT
FOR
VARIATIONS
IN THE CENT AND
IN
PAYROLL TOTAL MONTHLY ARISING FROM CHANGES IN THE OUTLAYS IN MARCH 1988 AND MARCH 1989, LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IS PRICE CHANGES, THE NOMINAL OBTAINED. TO ALLOW FOR THE EFFECTS OF
TO GIVE THE REAL INDEX IS DEFLATED BY THE CONSUMER PRICE INDEX (A) INDEX OF PAYROLL PER PERSON ENGAGED. THESE TWO INDICES FOR MARCH AND MARCH 1989 ARE GIVEN IN THE TABLES BELOW:
1988
/NOMINAL INDEX