XN000022-1991-10-17 — Page 25

FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES

23

101.6

99.2

THURSDAY, OCTOBER 17, 1991

-2.4

**

EXCLUDING HAWKERS, STREET VENDORS AND RETAIL PITCHES (OTHER THAN MARKET STALLS)

BETWEEN JUNE 1990 AND JUNE 1991, AVERAGE BARNINGS IN ALL SECTORS, AS MEASURED BY PAYROLL PER PERSON ENGAGED, RECORDED FURTHER INCREASES IN MONEY TERMS. AN INCREASE OF 10.9 PER CENT WAS REGISTERED IN THE NOMINAL INDEX OF PAYROLL PER PERSON ENGAGED IN THE MANUFACTURING SECTOR.

FOR THE WHOLESALE, RÉTAIL AND IMPORT/EXPORT TRÅDES, RESTAURANTS AND HOTELS SECTOR, THE INCREASE WAS 12.3 PER CENT ÅND FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, THE INCREASE WAS 9.6 PER CENT.

AFTER ALLOWING FOR THE INCREASE IN CONSUMER PRICES BETWEEN JUNË 1990 AND JUNE 1991, THE REAL INDEX OF PAYROLL PER PERSON ENGAGED IN JUNE 1991, AS COMPARED WITH THAT IN JUNE 1990, DECREASED BY 1.3 PER CENT FOR THE MANUFACTURING SECTOR, BUT REMAINED UNCHANGED FOR THE WHOLESALE, RETAIL AND IMPORT/EXPORT TRÅDES, RESTAURANTS AND HOTELS SECTOR.

FOR THE FINANCING, INSURANCE, REAL ESTATE AND BUSINESS SERVICES SECTOR, THE REAL INDEX DECREASED BY 2.4 PER CENT.

WHILE THESE DECLINES IN REAL BARNINGS WERE IN LINE WITH THE EARLIER EASING IN LABOUR MARKET CONDITIONS, À RELATIVELY HIGH BASE OF COMPARISON IN JUNE 1990 AND THE LEVEL OF INFLATION IN THE SECOND QUARTER OF 1991 ALSO CONTRIBUTED.

DETAILED BREAKDOWNS OF THE ABOVE STATISTICS ARE AVAILABLE FROM THE QUARTERLY REPORT OF EMPLOYMENT, VACANCIES AND PAYROLL STATISTICS, JUNE 1991 AND THE QUARTERLY REPORT OF EMPLOYMENT AND VACANCIES AŤ CONSTRUCTION SITES, JUNE 1991.

THEY ARE NOW AVAILABLE AT $13.50 PER COPY AND $8.50 PER RESPECTIVELY AT THE GOVERNMENT PUBLICATIONS CENTRE, GROUND FLOOR, BUILDING, CONNAUGHT PLACE, CENTRAL AND AT THE SALES COUNTER OF CENSUS AND STATISTICS DEPARTMENT AT 19TH FLOOR, WANCHAI TOWER 1. HARBOUR ROAD, WAN CHAI.

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