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Wage Rate Index - 3rd Quarter 2019
(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%
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%
The wage rate index for the
accounts for around 3
% 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.
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