Wage Rate Index - 3rd Quarter 2019
Highlights
(Base: fourth quarter 2016=100)
The wage rate index increased by 0.8% or 0.9 point to reach 113.3 in the third quarter of 2019 from 112.4 in the second quarter 2019.
2. Main changes registered in the sub-indices from second quarter 2019 to third quarter 2019 are:
Agriculture, forestry and fishing +7.5%
Other service activities +4.3%
Manufacturing +2.6%
Administrative and support service activities +2.5%
Mining and quarrying +1.8%
Electricity, gas, steam and air conditioning supply +1.2%
Human health and social work activities -0.1%
3. The wage rate index for the general government sector, which accounts for around 34% of the total weight of the wage rate index, remained at 105.6 in the second and third quarters of 2019.
4. The index for the public sector, which comprises general government and public enterprises and accounting for around 46% of the wage rate index, increased by 0.1% or 0.1 point from 109.6 in the second quarter 2019 to 109.7 in the third quarter 2019.
5. The index for the private sector, which accounts for around 54% of the total weight of the wage rate index, increased by 1.3% or 1.5 points from 114.8 in the second quarter 2019 to 116.3 in the third quarter 2019.
Ministry of Finance, Economic Planning and Development
December 2019
