Hong Kong's Census and Statistics Department announced that the average wage rate, as measured by the wage index, increased by 3.5% in nominal terms in March 2025 over a year earlier. About 62% of the companies reported an increase in average wage rates in March 2025 compared with a year ago. A total of 34% of the companies recorded a decrease in average wage rates over the same period. The remaining 4% reported virtually no change in average wage rates. After discounting the changes in consumer prices as measured by the Consumer Price Index (A), the overall average wage rate for all the selected industry sections surveyed increased by 1.6% in real terms in March 2025 over a year earlier.