Business news from Ukraine

REAL WAGES IN UKRAINE 10.7% UP

Real wages in Ukraine in February 2019 compared with February 2018 increased by 10.7%, while compared with January 2019 it decreased by 1.7%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in February 2019 compared with the previous month increased by 2.2%, in annual terms by 20.4%, reaching UAH 9,429.
The authority said that in January 2019 it amounted to UAH 9,223, in December 2018 – UAH 10,573, November – UAH 9,161, October – UAH 9,218, September – UAH 9,042, August – UAH 8,977 and July – UAH 9,170.
According to the statistics department, the largest increase in the average wage of full-time employees in February 2019 compared with February 2018 was observed Donetsk (25.1%), Vinnytsia (23.3%), Zaporizhia (22%), Ternopil (21.6%), Kyiv (21.5%), Kharkiv (21.4%), Poltava (21, 3%), Dnipropetrovsk (21.2%), Mykolaiv (20.9%), Sumy (20.4%), Ivano-Frankivsk (19.5%), Rivne (19.4%) regions and in Kyiv city (19.7%).
The highest level of wages in the past month was recorded in Kyiv city – UAH 14,513, and the lowest in Chernivtsi region – UAH 7,186.
In February 2019 compared with the same month of 2018, wages increased the most in professional, scientific and technical activities – by 37.1%, financial and insurance activities – by 26.3%, in construction – by 25.8%, industry – by 25%, in the field of IT and telecommunications – by 24.2% in transport, warehousing, postal and courier activities – by 24%, in real estate operations – by 21.4%, agriculture – by 21.3%, healthcare – by 20.6%, administrative and support services – by 20.2%.

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REAL WAGES IN UKRAINE 9.5% UP IN JAN

Real wages in Ukraine in January 2019 compared with January 2018 increased by 9.5%, while compared with December 2018 it decreased by 13.6%, the State Statistics Service has reported. According to the service, the average nominal wage of full-time employees in January 2019 compared with the previous month decreased by 12.8%, in annual terms it grew by 19.6%, reaching UAH 9,223.
The authority said that in December 2018, it amounted to UAH 10,573, November – UAH 9,161, October – UAH 9,218, September – UAH 9,042, August – UAH 8,977 and July – UAH 9,170.
According to the statistics department, the largest increase in the average wage of full-time employees in January 2019 compared with January 2018 was observed in Zaporizhia (25.1%), Poltava (23.5%), Dnipropetrovsk (23.0%), Vinnytsia (22.4%), Ternopil (20.5%) and Kharkiv (20.2%) regions, while in Kyiv city this figure was 17.6%.
The highest level of wages in the past month was recorded in Kyiv city – UAH 13,721, and the lowest in Chernivtsi region – UAH 6,958.
In January 2019 compared with the same month of 2018, wages increased the most in IT and telecommunications – by 25.2%, in industry – by 24.9%, in construction – by 24.0%, in public administration and defense, compulsory social insurance – by 22.9%, administrative and support services – by 21.8%, and real estate transactions – by 20.3%.

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REAL WAGES IN UKRAINE 11.4% UP IN NOV – STATISTICS

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%).

REAL WAGES IN UKRAINE 13% UP IN SEPTEMBER

Real wages in Ukraine in September 2018 compared with September 2017 increased by 12.9%, compared with August 2018 decreased by 1.2%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in September 2018 compared with the previous month increased by 0.7%, in annual terms by 23%, reaching UAH 9,042, whereas in August it amounted to 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 September 2018 compared with September 2017 was observed in Poltava (by 29.1%), Vinnytsia (by 27%), Zaporizhia (by 26.6%), Dnipropetrovsk (by 25.7%), Kyiv (by 25.5%), Ivano-Frankivsk (by 24.9%), Volyn (by 24.1%), Lviv (by 24%), Chernivtsi (by 23.2%), Chernihiv (by 23.1%), Zakarpattia (by 22.9%), Ternopil (by 22.5%), Zhytomyr (by 22.1%), Cherkasy (22.1%), Khmelnytsky (by 21.9%), Sumy (by 21.5%), Odesa (by 21.2%), Rivne (by 21.1%), Kharkiv (by 20.8%), Kirovohrad (20.4%), Kherson (20%), Mykolaiv regions (19.6%), and Kyiv (19.2%).
Wage growth in Donetsk and Luhansk regions (excluding part of the JFO zone) was 22.1% and 24.3% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,614, the lowest one in Ternopil region with UAH 7,061.

REAL WAGES IN UKRAINE 15.7% UP IN AUG 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.

WAGES IN UKRAINE 14.7% UP IN JULY, HIGHEST LEVEL IS RECORDED IN KYIV

Real wages in Ukraine in July 2018 compared to July 2017 increased by 14.7%, compared to June 2018 by 1%, the State Statistics Service has reported. It said the average nominal wage of full-time employees in July 2018 compared to June 2018 rose by 0.3%, in annual terms by 24.9%, amounting to UAH 9,170, while in June it was 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 July 2018 compared with July 2017 was recorded in Lviv region (by 30.4%), Ternopil (28%), Poltava (27.9%), Ivano-Frankivsk (27.2%), Zhytomyr (27.1%), Kyiv (27%), Dnipropetrovsk (26.9%), Zakarpattia (26.5%), Volyn (26.4%), Vinnytsia (25.7%), Rivne (24.9%), Odesa (24.7%), Chernihiv (24.5%), Kirovohrad (24.4%), Khmelnytsky (23.9%), Zaporizhia (23.5%), Kharkiv (22.7%), Chernivtsi (22.6%), Cherkasy (22.5%), Mykolaiv (22.4%), Sumy (21.4%) and Kherson (20.7%) regions and Kyiv city (21.2%).
Wage growth in Donetsk and Luhansk regions (excluding part of the joint forces operation) was 23.8% and 31.7% respectively.
The highest level of wages in the past month was recorded in Kyiv at UAH 13,836, the lowest one in Chernihiv region at UAH 7,168.

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