Business news from Ukraine

TOTAL AMOUNT OF WAGE ARREARS IN UKRAINE 3.5% UP IN MAY

The total amount of wage arrears in Ukraine in May 2018 increased by 3.5%, and as of June 1, 2018 amounted to UAH 2.561 billion, the State Statistics Service has said. According to its data, in May 2018 wage arrears at economically active enterprises increased by 6.5% and on June 1 this year amounted to UAH 1.411 billion.
Wage arrears in May 2018 increased in Ternopil (17.5%), Zakarpattia (13.6%), Ivano-Frankivsk (11.8%), Kherson (9.2%), Sumy (7.9%), Zaporizhia (7.2%), Mykolaiv (6.2%), Kharkiv (5.6%) and Luhansk (5.4%) regions.
At the same time, the decline of wage arrears was recorded in Volyn (34.2%), Chernivtsi (8.3%), Zhytomyr (3.6%), Poltava (2.9%), Odesa (1.4%), Rivne (0.8%) regions and Kyiv city (1.7%).
According to the statistics service, in May 2018 arrears in payment of wages increased in the sphere of healthcare – by 12.1%, to UAH 23.9 million, industry – by 3.9%, to UAH 2.036 billion, construction – by 2.2%, to UAH 82.3 million and agriculture – by 7.7%, to UAH 17.4 million.
The wage arrears fell by 0.2% in the professional, scientific and technical activity, to UAH 113.4 million, in financial and insurance activity – by 0.5%, to UAH 17 million and in the sphere of arts, sports, entertainment and recreation – by 10.4%, to UAH 1.4 million.

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