Business news from Ukraine

REAL WAGES IN UKRAINE 18.7% UP IN MARCH 2017 – STATISTICS

3 May , 2017  

KYIV. May 3 (Interfax-Ukraine) – Real wages in Ukraine in March 2017 compared to March 2016 increased by 18.7%, compared to February 2017 by 6.8%, the State Statistics Service has said.
The service said the average nominal wage of a full-time employee rose by 8.7% in March 2017 compared to February 2017, in annual terms rose by 37.2%, to UAH 6,752, whereas in February it stood at UAH 6,209, in January some UAH 6,008, and December some UAH 6,475.
According to the statistics data, the largest increase in the average wage of full-time employees in March this year compared to March 2016 was observed in Ternopil (by 51.8%), Zakarpattia (51.7%), Ivano-Frankivsk (51.2%), Volyn (50.6%), Kirovohrad (50.5%), Chernivtsi (48.4%), Vinnytsia (47.8%), Zhytomyr (47.6%), Kherson (46.9%), Khmelnytsky (45.2%), Sumy (43.7%), Cherkasy (43.5%), Lviv (41.2%) and Kyiv regions (40.5%), and in Kyiv (by 31.6%).
The increase in wages in Donetsk and Luhansk regions (excluding part of the ATO zone) was 16.8% and 32.6% respectively.
The highest level of wages in March was recorded in Kyiv at UAH 11,010, the lowest one in Chernivtsi region at UAH 5,136.