XN000022-1985-01-18 — Page 5

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FRIDAY, JANUARY 18, 1985

THE OVERALL NOMINAL SALARY INDEX (B), WHICH MEASURES THE CHANGES IN AVERAGE SALARY LEVELS ONLY FOR THOSE MANAGERIAL AND PROFESSIONAL EMPLOYEES WHO REMAINED IN THE SAME JOB AND IN THE SAME COMPANY IN 1983 AND 1984 AS 113.2 IN JUNE 1984, REPRESENTING AN INCREASE OF 13.2 PER CENT AS COMPARED WITH JUNE 1983, WHEN THE INDEX WAS TAKEN AS 100.

COMPARING JUNE 1984 WITH JUNE 1983, THE NOMINAL SALARY INDEX (A) FOR THE FINANCIAL INSTITUTIONS AND INSURANCE SECTOR INCREASED BY 14.1 PER CENT FOR THE WHOLESALE/RETAIL AND IMPORT/ EXPORT TRADES SECTOR BY 14.0 PER CENT FOR THE MANUFACTURING/ ELECTRICITY, GAS AND STEAM SECTOR BY 13.8 PER CENT; FOR THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR BY 10.9 PER CENT; AND FOR THE BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR BY 5.6 PER CENT.

DURING THE SAME PERIOD, THE NOMINAL SALARY INDEX (B) FOR THE FINANCIAL INSTITUTIONS AND INSURANCE SECTOR INCREASED BY 14.1 PER CENT FOR THE WHOLESALE/RETAIL AND IMPORT/EXPORT TRADES SECTOR BY 15.3 PER CENT FOR THE MANUFACTURING/ELECTRICITY, GAS AND STEAM SECTOR BY 13.9 PER CENT; FOR THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR BY 13.3 PER CENT; AND FOR THE BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR BY 10.3 PER CENT,

BETWEEN JUNE 1983 AND JUNE 1984, THE NOMINAL SALARY INDEX (A) FOR LARGE COMPANIES INCREASED BY 10.0 PER CENT AND THAT FOR MEDIUM-SIZED COMPANIES BY 12.3 PER CENT. AS REGARDS THE NOMINAL SALARY INDEX (B), THE CORRESPONDING INCREASES WERE 11.8 PER CENT AND 13.6 PER CENT RESPECTIVELY, FOR DEFINITIONS OF LARGE AND MEDIUM-SIZED COMPANIES, PLEASE SEE THE FOOTNOTE OF TABLE 1.

THE NOMINAL SALARY INDEX (A) AND NOMINAL SALARY INDEX (B) FOR JUNE 1984 FOR MAJOR ECONOMIC SECTORS ANALYSED BY SIZE OF COMPANY ARE SHOWN IN TABLE 1 AND TABLE 2 BELOW.

MEANWHILE, THE OVERALL REAL SALARY INDEX (A) STOOD AT 101.5 IN JUNE 1984, REPRESENTING AN INCREASE OF 1.5 PER CENT WHEN COMPARED WITH JUNE 1983. THE OVERALL REAL SALARY INDEX (B), ON THE OTHER HAND, STOOD AT 102.7 IN JUNE 1984, REPRESENTING AN INCREASE OF 2.7 PER CENT WHEN COMPARED WITH JUNE 1983.

COMPARING JUNE 1984 WITH JUNE 1983, THE REAL SALARY INDEX (A) FOR THE FINANCIAL INSTITUTIONS AND INSURANCE SECTOR AND FOR THE WHOLESALE/RETAIL AND IMPORT/EXPORT TRADES SECTOR INCREASED BY 3.5 PER CENT EACH: FOR THE MANUFACTURING/ELECTRICITY, GAS AND STEAM SECTOR BY 3.3 PER CENT FOR THE TRANSPORT, STORAGE AND COMMUNICATION SECTOR BY 0.6 PER CENT WHILE THAT FOR THE BUILDING AND CONSTRUCTION AND RELATED TRADES SECTOR DECREASED BY 4.2 PER CENT.

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