FINANCING, INSURANCE, REAL ESTATE
AND BUSINESS
SERVICES
6,547
11
SATURDAY, APRIL 13, 1991
8,210
+25.4
BASED ON UNROUNDED PAYROLL FIGURES
COMPARED WITH THE SAME QUARTER A YEAR AGO, PAYROLL OUTLAYS THE ABOVE THREE SECTORS INCREASED BY 1.8 PER CENT, 24.7 PER CENT 25.4 PER CENT RESPECTIVELY IN THE FOURTH QUARTER OF 1990.
ADJUSTMENT
IN
AND
IN TOTAL MONTHLY PAYROLL AFTER
FOR VARIATIONS
IN OUTLAYS IN DECEMBER 1989 AND DECEMBER 1990, ARISING FROM CHANGES THE LEVEL OF EMPLOYMENT, A NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IS OBTAINED.
TO ALLOW FOR THE EFFECTS OF PRICE CHANGES, THE NOMINAL INDEX IS INDEX OF DEFLATED BY THE CONSUMER PRICE INDEX (A) TO GIVE THE REAL PAYROLL PER PERSON ENGAGED.
THESE TWO INDICES FOR DECEMBER 1989 AND DECEMBER 1990 ARE GIVEN IN THE TABLES BELOW :-
NOMINAL INDEX OF
PAYROLL PER PERSON ENGAGED
(JUNE 1980 = 100)
* CHANGE
SELECTED MAJOR SECTORS OF THE
DEC 90
ECONOMY
DEC
89
DBC
90
ON DEC
89
MANUFACTURING
355.0
389.4
WHOLESALE AND
371.2
426.2
+ 9.7
+14.8
RETAIL, IMPORT
AND EXPORT TRADES,
RESTAURANTS AND
HOTELS
FINANCING,
405.1
464.8
+14.7
INSURANCE, REAL ESTATE AND BUSINESS SERVICES
/REAL INDEX
·