Shanghai - Index of Nominal Average Wage, Preceding Year = 100

111.6 (%) in 2021

In 2021, index of nominal wage for Shanghai was 111.6 %. Though Shanghai index of nominal wage fluctuated substantially in recent years, it tended to decrease through 2007 - 2021 period ending at 111.6 % in 2021.

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What is index of nominal wage?

Average Wage Indices refers to the ratio of average wage of employed persons the reference period to that at the base period, which reflects the change of wage of employed persons at the different period. Calculated as follows: Average Wage Indices = average wage of employed persons at reference time / average wage of persons employed at base period * 100%

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What is Shanghai index of nominal wage?