REVIEW OF THE ECONOMY 2013
73
SUSTAINING GROWTH, SECURING PROSPERITY
APPENDICES
APPENDIX 11
CHANGE IN PRICES, PRODUCTIVITY AND AVERAGE WEEKLY
EARNINGS
/PERCENTAGE CHANGE/
Jan - Jun* Jan - Jun*
2008 2009 2010 2011
2012 2012
2013
Weights
Index of Retail Prices
(Calendar Year)
All Items
(Base Year = 2003)
1,000 12.0
7.0 10.6
5.1
9.2
5.7
5.4
Core
820
6.2
4.1
4.3
1.7
2.5
1.3
0.4
Food
180 25.9
12.7
22.1
10.5
19.1
11.9
11.8
Transport
167
3.0
6.6
11.3
0.8
1.9
1.5
0.2
Housing
262
5.6
4.5
0.3
1.4
2.4
0.6
-0.5
2007/
2008
2008/
2009
2009/
2010
2010/
2011
2011/
2012
Oct '11/
Dec '11
**
Oct '12/
Dec '12
**
Index of Productivity (Fiscal Year)
All workers/all industries (Base
Year = 1995)
10.2
9.5
6.6
7.4 -6.3
-8.7
2.5
Non-Energy
10.7
14.7
17.6
14.9 -2.6
-4.1
10.5
Food Processing
38.0
-5.0
-2.9
13.2
-8.7
-42.4
33.9
Drink and Tobacco
32.2
16.4
13.9
1.9
4.2
1.6
3.3
Textiles, Garments and
Footwear
23.4
6.3
48.3
8.9
-4.1
-5.9
-10.4
Printing, Publishing and
Paper Converters
-5.2
-3.2
-9.5
10.1
-0.8
-2.2
5.7
Wood and Related
Products
30.7
31.8
-5.8
28.1
-5.1
-10.2
-0.4
Chemicals
-6.5
-1.4
16.8
1.4 25.8
26.9
-15.9
Assembly Type &
Related Products
-16.9
33.7
47.0
6.2
-1.9
-6.3
40.4
Miscellaneous
Manufacturing
0.3
23.4
10.0
1.7
15.3
15.4
12.2
Electricity
-1.9
-1.2
14.1
31.7 -22.0
-7.0
-2.9
Water
-2.2
-0.7
-31.6
29.7
-11.7
5.1
6.9
Petrochemicals
0.6
-2.1
4.1
4.2
-3.9
-15.5
0.5
Exploration and Production
of Oil and Natural Gas
-2.6
18.9
-10.2
-13.2
-17.4
-10.8
-14.1
Oil & Natural Gas Refining
58.4
3.7
-1.7
3.2 -23.1
-23.7
-49.0
Index of Average Weekly
Earnings (Fiscal Year)
All workers/all industries
(Base Year = 1995)
1,000 11.2
8.5
11.6
-4.1
1.9
-1.6
8.3
Source: Central Statistical Office
* Calendar Year-to-date
** Refers to change in October to December period, versus October to December in the previous year