Business news from Ukraine


1 January , 2019  

Real wages in Ukraine in November 2018 compared with November 2017 increased by 11.4%, compared with October 2018 it increased by 2%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in November 2018 compared with the previous month decreased by 0.6%, in annual terms it grew by 22.5%, reaching UAH 9,161, whereas in October it was UAH 9,218, in September it amounted to UAH 9,042, in August UAH 8,977, in July some UAH 9,170, June some UAH 9,141, May some UAH 8,725, April some UAH 8,480, March some UAH 8,382, February some UAH 7,828, and in January some UAH 7,711.
According to statistics, the largest rise in the average wage of full-time employees in November 2018 compared with November 2017 was observed in Poltava (by 27%), Zaporizhia (by 26.1%), Vinnytsia (by 26%), Kyiv (by 25.1%), Ternopil, Chernivtsi and Zakarpattia (by 24.2% each), Zhytomyr (by 24.1%), Mykolaiv (by 23.3%), Ivano-Frankivsk (by 23.2%), Rivne (by 22.8%), Lviv (by 22.7%), Chernihiv (by 22.4%), Volyn (by 21.8%), Kirovohrad (by 22%) regions and Kyiv city (by 19.4%).
Wage growth in Donetsk and Luhansk regions (excluding part of the JFO zone) was 21.3% and 18.3% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,897, the lowest one in Chernivtsi region with UAH 7,221.
In November 2018 compared to the same month of 2017, wages increased in the area of administrative and support services (by 30.6%), construction (by 27.5%), financial and insurance activities (by 25.2%), industry (by 25%), transport, warehousing, postal and courier activities (by 24.2%), public administration and defense, compulsory social insurance (by 23.4%), agriculture, forestry and fisheries (by 22.9%), real estate transactions (by 20.8%), the provision of other types of services (by 20.3%), wholesale and retail trade, repair of motor vehicles and motorcycles (by 19.4%), education (by 18.4%), temporary accommodation and catering (by 16.8%), and health care (by 17.6%).