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Trends in macroeconomic indicators

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Question 33

Fig. 1: Average hourly earnings index by sector type (Base: Q1 2017 = 100)

DateHigh-tech services earnings (Index)Traditional manufacturing earnings (Index)
Q1 2017100100
Q3 2017102101
Q1 2018105101
Q3 2018107102
Q1 2019108104
Q3 2019111105
Q1 2020110106
Q3 2020113108
Q1 2021115111
Q3 2021119113
Q1 2022124114
Q3 2022129115
Q1 2023135116
Q3 2023141117

Using the data in Fig. 1, compare the trend in average hourly earnings in the high-tech services sector and the traditional manufacturing sector between 2017 and 2023.

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Trends in macroeconomic indicators Questions

  1. A Level
  2. /Economics
  3. /Trends in macroeconomic indicators