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REAL WAGE INDEX

Statistics Directorate    
Definition:
Nominal wages index corrected for changes in purchasing power measured by the consumer price index (100*nominal wage index/consumer price index).

Source Publication:
Key Indicators of the Labour Market (KILM): 2001-2002, International Labour Organisation, Geneva, 2002, page 510.

Cross References:
Nominal wage index
Nominal wages (annual averages of hourly, daily, weekly or monthly wages)

Statistical Theme: Labour statistics

Created on Thursday, August 8, 2002

Last updated on Thursday, August 8, 2002