APPENDIX C
Chart of Growth Rate on Nominal and Real Wages and Labour Productivity in Manufacturing (Annual percentage)
From
To
1957 1958 1959
1960 1961 1962 1963 1964 1965 1966
Nominal Wages
1958
2.3
1959
4.9
7.5
1960
5.9
7.8
8.0
1961
7.3
9.0
9.8
11.5
1962
7.7
9.1
9.6
10.5
9.4
1963
8.1
9.4
9.8
10.4
9.9 10.3
1964
8.5
9.6
10.0
10-5
10.1
10.5
10.6
1965
8.5
9.4
9.8
10.1
9.8
9.9
9.6
8.7
1966
8.9
9.7
10.0
10.4
10.1
10.3
10.3
10-1 11.6
1967
9.3 10.1
10.5
10.8
10.7
10.9
11.1
11.3 12.6 13.5
Real Wages
1958
2.9
1959
4.5
6.2
1960
4.4
5.2
4.2
1961
4.8
5.4
5.1
5.9
1962
4.3
4.7
4.2
4.2
2.5
1963
4.0
4.3
3.8
3.7
2.6
2.6
1964
4.4
4.6
4.3
4.3
3.8
4.5
6.5
1965
4.0
4.1
3.8
3.7
3.1
3.3
3.7
1.0
1966
4.2
4.4
4.1
4.1
3.7
4.1
4.5 3.6
6.2
1967
4.7
4.9
4.7
4.8
4.6
5.0
5.7
5.4
7.7
9.1
Labour Productivity
1958
-0.4
1959
5.9
12.6
1960
8.2
12.8 13.0
1961
8.7
11.9
11.6
10.2
1962
7.5
9.6
8.6
6.5
2.9
1963
7.8
9.6
8.8
7.4
6.1
9.4
1964
8.4
10.0
9.5
8.6
8.0
10.7
12.1
1965
7.8
9.0
8.4
7.5
6.9
8.3
7.7
3.5
1966
8.4
9.5
9.1
8.4
8.1
9.4
9.4
8.2 13.0
1967
9.2 10.3
10.0
9.6
9.5 10.8
11.2
10.9 14.8
16.5
SOURCE: Economic Planning Agency “National Income Statistics"
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