Business news from Ukraine

REAL WAGES IN UKRAINE 10.7% UP

31 March , 2019  

Real wages in Ukraine in February 2019 compared with February 2018 increased by 10.7%, while compared with January 2019 it decreased by 1.7%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in February 2019 compared with the previous month increased by 2.2%, in annual terms by 20.4%, reaching UAH 9,429.
The authority said that in January 2019 it amounted to UAH 9,223, in December 2018 – UAH 10,573, November – UAH 9,161, October – UAH 9,218, September – UAH 9,042, August – UAH 8,977 and July – UAH 9,170.
According to the statistics department, the largest increase in the average wage of full-time employees in February 2019 compared with February 2018 was observed Donetsk (25.1%), Vinnytsia (23.3%), Zaporizhia (22%), Ternopil (21.6%), Kyiv (21.5%), Kharkiv (21.4%), Poltava (21, 3%), Dnipropetrovsk (21.2%), Mykolaiv (20.9%), Sumy (20.4%), Ivano-Frankivsk (19.5%), Rivne (19.4%) regions and in Kyiv city (19.7%).
The highest level of wages in the past month was recorded in Kyiv city – UAH 14,513, and the lowest in Chernivtsi region – UAH 7,186.
In February 2019 compared with the same month of 2018, wages increased the most in professional, scientific and technical activities – by 37.1%, financial and insurance activities – by 26.3%, in construction – by 25.8%, industry – by 25%, in the field of IT and telecommunications – by 24.2% in transport, warehousing, postal and courier activities – by 24%, in real estate operations – by 21.4%, agriculture – by 21.3%, healthcare – by 20.6%, administrative and support services – by 20.2%.

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