XN000022-1988-10-17 — Page 12

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MONDAY, OCTOBER 17, 1988

TRANSPORT ADVISORY COMMITTEE' MEETS TOMORROW

THE TRANSPORT ADVISORY COMMITTEE WILL CONSIDER AT ITS MEETING TOMORROW (TUESDAY) THE PRESENT PROGRESS IN IMPLEMENTING THE VARIOUS RECOMMENDATIONS MADE BY THE TAC SUB-COMMITTEE ON TAXI POLICY REVIEW.

APPLICATIONS FROM THE URBAN AND NEW TERRITORIES TAXI ASSOCIATIONS FOR A FARE INCREASE WILL BE CONSIDERED.

MEMBERS WILL ALSO BE BRIEFED ON THE KOWLOON MOTOR BUS COMPANY'S FORWARD PLANNING PROGRAMME 1989-1993.

WAGE INDEXES FOR JUNE PUBLISHED

*

AT 161.0,

THE OVERALL NOMINAL WAGE INDEX FOR JUNE 1988, INCREASED BY 9.9 PER CENT WHEN COMPARED WITH JUNE 1987 AND BY 2.6 PER CENT WHEN COMPARED WITH MARCH 1988, ACCORDING TO STATISTICS PUBLISHED TODAY (MONDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

A COMPARISON OF THE JUNE 1988 AND JUNE 1987 INDEXES SHOWS THAT THE NOMINAL WAGE INDEX FOR THE MANUFACTURING SECTOR INCREASED BY 8.3 PER CENT; FOR THE WHOLESALE/RETAIL, IMPORT/EXPORT TRADES AND RESTAURANTS AND HOTELS SECTOR BY 12.6 PER CENT; FOR THE TRANSPORT SERVICES SECTOR BY 10.8 PER CENT; FOR THE BUSINESS SERVICES SECTOR BY 16.8 PER CENT; AND FOR THE PERSONAL SERVICES SECTOR BY 13.8 PER CENT.

A COMPARISON OF THE JUNE 1988 AND MARCH 1988 INDEXES SHOWS THAT THE NOMINAL WAGE INDEX FOR THE MANUFACTURING SECTOR INCREASED BY 2.4 PER CENT FOR THE WHOLESALE/RETAIL, IMPORT/EXPORT TRADES AND. RESTAURANTS AND HOTELS SECTOR BY 2.1 PER CENT; FOR THE TRANSPORT SERVICES SECTOR BY 3.8 PER CENT; FOR THE BUSINESS SERVICES SECTOR BY 5.9 PER CENT; AND FOR THE PERSONAL SERVICES SECTOR, BY 3.3 PER CENT.

THE NOMINAL WAGE INDEXES FOR THE PERIOD JUNE 1987 TO JUNE 1988 FOR SELECTED MAJOR ECONOMIC SECTORS ARE GIVEN IN TABLE 1. DETAILED BREAKDOWNS FOR THE MANUFACTURING SECTOR ARE GIVEN IN TABLE 2.

THE OVERALL REAL WAGE INDEX, AT 109.8 IN JUNE 1988, WAS 3.1 PER CENT HIGHER THAN THAT IN JUNE 1987 AND 0.4 PER CENT HIGHER THAN THAT IN MARCH 1988.

/FROM JUNE