In 1987, the median monthly household income in Hong Kong was approximately HKD 2,600.
Census and Statistics Department
Census and Statistics Department
Key income statistics for 1987:
Median Monthly Household Income: HKD 2,600 (compared to HKD 2,500 in 1986).
Economically Active Households: The median monthly income for households with at least one economically active member was higher, at HKD 8,100.
Wage Growth: Nominal wages in the manufacturing sector increased by 9.3% between December 1986 and December 1987, while the wholesale/retail, import/export trades, restaurants, and hotels sector saw a 12.6% increase.
Salary Increases: Managerial and professional salaries (Nominal Salary Index B) increased by approximately 12.0% to 15.3% in different sectors in June 1987 compared to the previous year.
Census and Statistics Department
Census and Statistics Department
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The Hong Kong dollar was linked to the US dollar at a fixed rate of HK$7.80 = US$1.00 throughout this period.
Census and Statistics Department
Census and Statistics Department