TNAG-0230-FCO40-266-Conditions-of-employment-of-labour-force-in-Hong-Kong-1970 — Page 109

APPENDIX K

RECENT WAGES INCREASE AND CONSUMER PRICE

1955-1960

1960-1965

Nominal

Real

Nominal

Real

Average of Manufacturing Industries

124.1

115.0

221.8

142.6

(Annual Rate)

(4·4)

(2.8)

(10.5)

(4·5)

Textile Industries

127.7

118.4

241.9

155.6

(Annual Rate)

(5.0)

(3.4)

(11.7)

(5-7)

Consumer Price

107.9 (1.5)

155.5 (5.7)

SOURCE: Ministry of Labour "Monthly Labour Statistics" NOTE: Nominal Wages = Index Number of Regular Pay

Real Wages Index Number of Regular Pay

=

Consumer Price Index

67