XN000022-1989-01-13 — Page 21

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