Business news from Ukraine

REAL WAGES IN UKRAINE 12.3% UP

1 March , 2018  

Real wages in Ukraine in January 2018 increased by 12.3% compared to January 2017, while compared to December 2017 it fell by 13.4%, the State Statistics Service has said. According to its data, the average nominal salary of full time workers in January compared with December 2017 decreased by 12.1%, in annual terms it grew by 28.4%, amounting to UAH 7,711, whereas in December it stood at UAH 8,777, in November at UAH 7,479, in October at UAH 7,377, in September at UAH 7,351, and in August at UAH 7,114.
According to statistics, the largest growth in the average salary of full time workers in January this year compared to January 2017 was observed in Dnipropetrovsk (32.7%), Vinnytsia (32.4%), Kyiv (32.2%), Zhytomyr (31.9%), Zakarpattia (31%), Lviv (29.4%), Zaporizhia (28.3%), Odesa (27.6%), Poltava (30.6%), Chernihiv (28.2%), Ivano-Frankivsk (27.7%), Cherkasy (27%), Kharkiv (26.9%), Kirovohrad (26.5%), Ternopil (26.4%), Sumy (25.6%), Chernivtsi and Volyn (25.4% each), Khmelnytsky (24.8%), Kherson (24.6%), Rivne (23.8%) regions and Kyiv City (25.6%).
The wage growth in Donetsk and Luhansk regions (excluding part of the ATO zone) was 29% and 19% respectively.
The largest level of wages in the past month was recorded in Kyiv (UAH 11,668), the lowest one in Chernihiv region (UAH 5,865).