ECONOMY | Staff Reporter, Hong Kong

Salaries on the rise for manufacturing, electricity industries

Other sectors with rising wages include gas supply, construction, financing, and insurance.

The average monthly salaries in the manufacturing, electricity, gas supply, construction, financing and insurance had a YoY increase in the Real Salary Index ranging from 0.4% to 0.8%, in June 2020.

Meanwhile, the import/export, wholesale and retail trades section recorded only mild YoY decrease of 0.1% in real terms.

Unsurprisingly, the transportation and travel agencies section remained virtually unchanged compared to last year as well as the storage and communications sectors.

The measured salary increases are for middle-level managerial and professional employees as reported by the Census and Statistics Department.

The Nominal Salary Index is measured to have increased by 1.1% for all selected industry sections surveyed in June compared to last year.

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