Business news from Ukraine

REAL WAGES IN UKRAINE 9.5% UP IN MARCH

28 April , 2018  

Real wages in Ukraine in March 2018 compared to March 2017 increased by 9.5%, compared to February 2018 by 5.9%, the State Statistics Service has said. The average nominal wage of full-day workers in March 2018 compared to February 2018 increased by 7.1%, in annual terms rose by 24.1%, amounting to UAH 8,382, whereas in February it was UAH 7,828, January some UAH 7,711. According to the statistics, the largest increase in the average salary of full-day workers in March 2018 compared with March 2017 was observed in Dnipropetrovsk (30.4%), Zhytomyr (26.7%), Zakarpattia (27.7%), Poltava (26.4%), Zaporizhia (26.2%), Cherkasy (25.4%), Vinnytsia and Chernivtsi (25.1%), Lviv (24.3%), Sumy (24.6%), Ternopil regions (24.1%), and Kyiv (21.6%).
Wage growth in Donetsk and Luhansk regions (excluding part of the uncontrolled territories) was 25.5% and 19.1% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,388, the lowest one in Ternopil region at UAH 6,394.
In March 2018 compared to the same month in 2017 wages grew in the sphere of state administration and defense, compulsory social insurance (by 41.7%), financial and insurance activities (30%), administrative and support services (29.1%), industry (26.7%), wholesale and retail trade, repair of motor vehicles and motorcycles (23.4%), education and construction (21.3%), real estate operations (19.8%), rural economy, forestry and fishery (19.7%), transport enterprises, warehousing, postal and courier activities (19.1%), temporary accommodation and catering (18.5%), health care and social assistance (18.4%), professional, scientific and technical activities (16.8%), information and telecommunications (14.3%), in the sphere of art, sports, entertainment and recreation (13.7%).