Business news from Ukraine

REAL WAGES IN UKRAINE 15.7% UP IN AUG 2018

1 October , 2018  

Real wages in Ukraine in August 2018 compared to August 2017 increased by 15.7%, compared to July 2018 it fell by 2.1%, the State Statistics Service has reported.
It said the average nominal wage of full-time employees in August 2018 compared to July 2018 fell by 2.1%, in annual terms it rose by 26.2%, amounting to UAH 8,977, while in July it was UAH 9,170, in June UAH 9,141, in May UAH 8,725, in April some UAH 8,480, in March some UAH 8,382, in February some UAH 7,828, and in January UAH 7,711.
According to statistics, the largest growth in the average wage of full-time employees in August 2018 compared with August 2017 was recorded in Poltava (30.7%), Ternopil (30.2%), Vinnytsia (29.5%), Volyn (27.9%), Kherson (26.7%), Kyiv (27% ), Zhytomyr (26.7%), Odesa (26.7%), Zakarpattia (26.5%), Kirovohrad (26.2%), Lviv (26%), Zaporizhia (25.9%), Cherkasy (25.6%), Rivne (25.1%), Kharkiv (24.7%), Chernihiv and Sumy (24.2% each), Ivano-Frankivsk and Mykolaiv (24% each), Khmelnytsky (23.8%), Chernivtsi (23.5%) regions and Kyiv city (23.4%).
Wage growth in Donetsk and Luhansk regions (excluding part of the joint forces operation) was 25.9% and 28.8% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,659, the lowest one in Chernihiv region at UAH 6,883.