Business news from Ukraine

Business news from Ukraine

REAL WAGES IN UKRAINE 10.5% UP IN FEB COMPARED TO FEB 2017

29 March , 2018  

Real wages in Ukraine in February 2018 increased by 10.5% compared to February 2017, while compared to January 2018 it grew by 0.6%, the State Statistics Service has said.
According to its data, the average nominal salary of full time workers in February compared with January 2018 increased by 1.5%, in annual terms it grew by 26.1%, amounting to UAH 7,828, whereas in January 2018 it stood at UAH 7,711, in December at UAH 8,777 and in November at UAH 7,479.
According to statistics, the largest growth in the average salary of full time workers in February this year compared to February 2017 was seen in Zhytomyr (31.2%), Zakarpattia (31.1%), Vinnytsia (29.3%), Cherkasy (28.9%), Lviv (28.7%), Chernivtsi (27.7%), Zaporizhia and Dnipropetrovsk (27.6% each), Kirovohrad and Sumy (27.2%), Kyiv (26.8%), Chernihiv (26.6%) regions and Kyiv city (23.3%).
The wage growth in Donetsk and Luhansk regions (excluding certain areas) was 23.8% and 22.4% respectively.
The largest level of wages in the past month was recorded in Kyiv (UAH 12,124), the lowest one in Ternopil region (UAH 6,040).