During the first five months of 2004 the general minimum wage showed an average real increase of 2.7 .

And even a real wage increase on the national level will not undermine competitiveness if labor productivity grows still faster.

But Bangladesh s government is considering an increase in the minimum wage.

Shenzhen, to head off trouble, has announced a 16 increase in the minimum wage.

It consisted of a wage increase amounting to 200 colones per month, starting in June.

Slower growth and more modest real wage increases are likely, which will reverse households optimistic expectations.

Between December 2000 and May 2004 the average contribution wage increased in real terms by 14.3 .

As described above, collective contracts not only set forth the lowest wage and wage levels for different categories of workers, but also regulate the increase of the base wage by seniority, working conditions and individual performance.

Moreover, the increase in China s overall price level and wage levels in particular has caused the RMB to strengthen steadily in real terms, reducing (to a certain extent) the need for nominal RMB appreciation.

It should also be pointed out that the National Minimum Wage Commission has adopted measures for reducing wage disparities in the country in order to increase workers' available income.

despite something of an increase in wages, the average wage for women remains lower than that for men

5 annual real increase in road fuel duties in future years

The second classical postulate Keynes identified was that the real wage is equal to the marginal disutility of labor.

Honda has offered its transmission factory workers in China a 24 wage increase to head off a crippling strike.

Following each wage increase by the government and even before the plan is approved by parliament, prices soar tremendously.

In aggregate terms, during the six year period ending in December 2003, the average general minimum wage increased by 0.61 , while the contractual wage within federal jurisdiction increased by 1.12 in real terms.

Without its own currency, the only cure for a chronic trade deficit is real wage reductions or relative productivity increases.

A decade of wage growth exceeding productivity gains led to real appreciation, loss of competitiveness, and large current account deficits.

Nevertheless, weak demand in EU will reduce the growth of exports while slower real wage growth will dampen private consumption.

Nominal wages may increase, while real wages stagnate, owing to higher inflation.

But we also want to make sure we increase real mathematical thinking.

The centrepiece of the budget was an increase in the official minimum monthly wage to CFP110,000 (around 1,200) from CFP100,000.

In 2002 and 2003 the average contribution wage continued to increase, but more slowly than during the previous two years.

Thus during the 42 months of the present administration (up to mid 2004) the minimum wage achieved an increase in real terms of 4.7 in line with the policy of supporting a recovery of the purchasing power of minimum wages.

38. The Committee noted the proposed increase of 1 per cent real growth.

The increase in their access to real resources has, then, been far smaller.

Most of these economies were suffering a loss of their export markets to low wage Asia. A decade of wage growth exceeding productivity gains led to real appreciation, loss of competitiveness, and large current account deficits.

The leading German trade union, IG Metall, has called for a 6.5 wage increase in the next annual round of negotiations.

On 2 May, Cairo was set to witness a nationwide workers strike to demand an increase in the national minimum wage.

In any case, with very few exceptions, current real wage levels are well below what they were before the external debt crisis.

Clearly, such high rates are more than sufficient to allow for a real increase.

In the same vein, pensioners real incomes increased more than 30 on average over the past eight years, reflecting aggressive minimum wage increases.

During the period of the present administration and up to October 2004 the average IMSS contribution wage increased in real terms by 11.02 .

The main factor influencing the amount of the minimum monthly wage is the possibilities of the national budget that determine the increase in the minimum monthly wage of employees working at institutions financed from the national budget.

In real terms, wages no longer rose (indeed, the average real wage has been stagnant for 25 years in the US), and a growing share of manpower (currently around 15 ) was without steady employment.

Gender wage gaps

If that happens, a homeowner with a mortgage would see the real value of his debt rise by 10 . Since price declines would bring with them wage declines, the ratio of monthly mortgage payments to wage income would rise.

The average real contribution wage of permanent wage earning workers registered with the Mexican Social Security Institute (IMSS) underwent substantial negative changes as a result of unfavourable conditions in the national economy and the inflationary peak observed during 1995.

For calculating the annual wage, the lowest general minimum wage was used.

While noting the efforts taken by the State party to increase the minimum wage, the Committee is concerned that the current minimum wage is still insufficient to provide a decent standard of living for workers and their families.

The most direct adverse impact of deflation is to increase the real value of debt.

But even optimists don t believe that real estate prices will increase substantially any time soon.

If we can increase security in general, then governments can focus on the real criminals.

Cheap imports from China and India may increase the real income of the urban poor.

This is equivalent to an increase of less than 0.1 per cent in real terms.