XN000022-1991-04-13 — Page 12

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

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