Hong Kong Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Hong Kong is expected to be 217.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Hong Kong to stand at 220.30 in 12 months time. In the long-term, the Hong Kong Wages in Manufacturing Index is projected to trend around 220.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Hong Kong Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 2.8 2.8 2.8 2.8 2.8 2.9
Employed Persons 3882 3876 3879 3883 3885 3896
Unemployed Persons 117 117 118 118 118 118
Labor Force Participation Rate 61.4 61.18 61.18 61.18 61.18 61.18
Productivity 166 163 164 165 166 179
Job Vacancies 79203 76437 76509 77579 76601 76916
Wages 15897 16400 16400 16350 16201 17300
Wages in Manufacturing 215 218 218 219 220 220
Minimum Wages 34.5 34.5 34.5 36.5 36.5 36.5
Population 7.41 7.44 7.5 7.46 7.47 7.7
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 65 65 65 65 65 65
Youth Unemployment Rate 6.2 6.39 6.16 6.15 6.18 6.17