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Wages

Volume 129: debated on Thursday 10 March 1988

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To ask the Secretary of State for Employment what information he has as to the annual percentage increase in real wages in (a) the United Kingdom, (b) France, (c) Germany, (d) the United States of America, and (e) Japan in each year since 1979; and what has been the aggregate percentage increase in real wages in each of these countries over the period 1979 to 1987.

The following table sets out the available information published by the Organisation for Economic Co-operation and Development covering real earnings in manufacturing industry. Figures for 1987 are not yet available.

Notes:

1. The percentages are calculated from index series produced by the International Monetary Fund, except for Great Britain, figures for which are published in the Employment Gazette.

2. The source index series are in local currency and are not adjusted for exchange rate changes