XN000022-1991-07-25 — Page 9

THURSDAY, JULY 25, 1991

CALENDAR YEAR TO-DATE

JAN-JUN 1991

JAN-JUN 1990

INCREASE/DECREASE

HK$ MN.

HK$ MN.

HK$ MN.

*

DOMESTIC EXPORTS

104,925

100,538

4,387

4.4

(% OF TOTAL EXPORTS)

(31.0%)

(35.4%)

RE-EXPORTS

233,113

183,097

50,016

27.3

TOTAL EXPORTS

338,038

283,635

54,403

19.2

IMPORTS

359,221

291,833

67,388

23.1

TRADE BALANCE

-21,183

-

-8.198

-12,985

LAST 12 MONTHS

DOMESTIC EXPORTS

RE-EXPORTS

TOTAL EXPORTS

IMPORTS

TRADE BALANCE

JUL 90 TO

JUN 91

HK$ MN.

HK$ MN.

JUL 89 TO

JUN 90

INCREASE/DECREASE

HK$ MN.

230,262

222,585

7,677

3.4

464,015

368,406

95,609

28.0

694,277

590,991

103,286

17.5

709,919

577,991

131,928

22.8

-15,642

13,000

-28,642

WAGE INDEXES FOR MARCH 1991

* *

THE OVERALL NOMINAL WAGE INDEX FOR MARCH 1991 WAS 11.6 PER CENT THAN IN SEPTEMBER HIGHER THAN IN MARCH 1990 AND 5.7 PER CENT HIGHER 1990, ACCORDING TO STATISTICS PUBLISHED TODAY (THURSDAY) BY THE CENSUS AND STATISTICS DEPARTMENT.

LOWER 1990.

PER CENT THE OVERALL REAL WAGE INDEX FOR MARCH 1991 WAS 1.2

THAN IN SEPTEMBER THAN IN MARCH 1990 AND 1.3 PER CENT LOWER

WHILE THE NOMINAL WAGE INDEX MEASURES CHANGES IN WAGE RATES IN MONEY TERMS, THE REAL WAGE INDEX, WHICH IS OBTAINED BY DEFLATING THE NOMINAL WAGE INDEX BY THE CONSUMER PRICE INDEX (A), MEASURES IN THE PURCHASING POWER OF THE WAGES RECEIVED,

CHANGES

SHOWED

WHEN COMPARED WITH MARCH 1990, THE NOMINAL WAGE INDEX THE FASTEST YEAR-ON-YEAR RATE OF INCREASE IN THE TRANSPORT SERVICES (15.3%), FOLLOWED BY BUSINESS SERVICES (14.4%), MANUFACTURING (11.6%), PERSONAL SERVICES (10.8%), AND WHOLESALE/RETAIL, IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS (9.5%).

RECORDED

(6.6%),

WHEN COMPARED WITH SEPTEMBER 1990, THE LARGEST INCREASE WAS BY SERVICES

FOLLOWED BUSINESS IN THE WHOLESALE/RETAIL, IMPORT/EXPORT TRADES, RESTAURANTS AND HOTELS (5.9%), SERVICES MANUFACTURING (5.7%), PERSONAL SERVICES (4.8%) AND TRANSPORT

(4.5%).

/THE WAGE