Hong Kong Wages in Manufacturing Index - Forecast

Wages in Manufacturing in Hong Kong is expected to be 217.30 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 221.37 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.


Hong Kong Wages in Manufacturing Index
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Hong Kong Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 2.8 3 2.7 3.5 2.6 3.9
Employed Persons 3867 3867 3875 3878 3881 3894
Unemployed Persons 113 111 112 112 112 112
Labor Force Participation Rate 61.2 61.07 61.17 61.14 61.15 61.15
Productivity 160 160 162 163 163 167
Job Vacancies 74041 71601 71594 71594 71594 71594
Wages 15819 16200 16400 16400 16350 17300
Wages in Manufacturing 215 217 218 218 221 220
Minimum Wages 34.5 34.5 34.5 34.5 36.5 36.5
Population 7.41 7.5 7.43 7.5 7.44 7.7
Retirement Age Men 65 65 65 65 65 65
Retirement Age Women 65 65 65 65 65 65
Youth Unemployment Rate 5.3 5.13 5.09 5.12 5.11 5.11