TNAG-1267-FCO40-1616-Economic-situation-in-Hong-Kong-1983 — Page 43

4.12

terms,

months

FCO 40/1616

Construction wage rates increased by 4% in money or declined by 5% in real

real terms, in the twelve

ending June 1983. This trend continued into the

quarter, SO that, in the twelve months ending

by 3% in money

third

September, construction wage rates rose

terms, or declined by 7% in real terms.

30