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HK Sep Avg. Nominal Wage Index +3.4% YoY
According to the figures released today (December 27) by the Census and Statistics Department (C&SD), the average wage rate for all the selected industry sections surveyed, as ...
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HK Sep Avg. Nominal Wage Index +3.4% YoY
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2019/12/27 16:36
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According to the figures released today (December 27) by the Census and Statistics Department (C&SD), the average wage rate for all the selected industry sections surveyed, as measured by the wage index, increased by 3.4% in nominal terms in September 2019 over a year earlier.

A Government spokesman noted that overall nominal wages continued to increase in September 2019 over a year earlier, but at a somewhat decelerated pace as economic conditions worsened further. After discounting for inflation which has been driven up by elevated pork prices, overall real wages remained unchanged from a year earlier.
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