Business news from Ukraine

REAL WAGES IN UKRAINE INCREASES BY 9.2% IN OCT 2019

29 November , 2019  

Real wages in Ukraine on October 2019 increased by 9.2% compared with October 2018, while compared with September 2019 they decreased by 0.3%, the State Statistics Service has said. According to the agency, the average nominal wage of full time employees in October 2019 compared with September 2019 increased by 0.4%, in annual terms (from October 2018) it also rose by 16.4%, amounting to UAH 10,727, which is 2.6 times more than the minimum wage (UAH 4,173).
The service says that in September it amounted to UAH 10,687, in August some UAH 10,573, in July some UAH 10,971, and in June to UAH 10,783.
According to the statistics agency, the largest increase in the average wage of full time employees in October 2019 compared with October 2018 was observed in Luhansk (by 22.5%), Kyiv (by 20.8%), Mykolaiv (by 20.6%), Donetsk (by 19.5%), Dnipropetrovsk (by 18.6%), Zaporizhia (by 17.9%), Cherkasy (by 17.7%), Ternopil (by 17.5%), Ivano-Frankivsk and Vinnytsia (by 16.6%), Chernihiv (by 16.2%), Sumy (by 15.9%), Chernivtsi and Khmelnytsky (by 15.2%), Rivne (by 15.1%), Odesa and Volyn (15%), Kharkiv (14.8%), Poltava (14.6%), Kherson (13.8%), Zhytomyr (13.2%), Lviv (by 13.1%), Kirovohrad (by 12.2%) regions and in Kyiv (by 14.5%).
The highest level of wages in October was recorded in Kyiv at UAH 15,862, the lowest in Chernivtsi region at UAH 8,211.
At the same time, average wages in Donetsk region amounted to UAH 11,952, Luhansk region some UAH 9,095 (except for the temporarily occupied territories).