Wage arrears in Ukraine up 0.7% in March

Delayed wages at operating enterprises increased by 1%.

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Wage arrears across Ukraine in March 2019 increased by 0.7% compared with February 2019, amounting to UAH 2.46 billion (US$92.19 million) as of April 1 of this year, as reported by the State Statistics Service.

Delayed wages at operating enterprises as of April 1 were at UAH 1.28 billion ($47.97 million), which is 1% down from the figure reported as of March 1.

The report does not include information from temporarily occupied areas in the Autonomous Republic of Crimea, the city of Sevastopol, and certain areas in Donetsk and Luhansk regions.

Read alsoAverage salary in Ukraine grows to US$348 in Feb

As UNIAN reported earlier, the minimum wage in Ukraine grew on January 1, 2019, from UAH 3,723 ($137) to UAH 4,173 ($154).

The average nominal salary of a full-time employee grew by 20.4% in Ukraine in February 2019 year-over-year (y-o-y), to UAH 9,429, or US$348.

The National Bank of Ukraine expects a slowdown in the growth of wages and salaries in Ukraine, forecasting an increase in nominal wages by 16% and by 10% (or by 7% and 5% in real hryvnias) in 2019 and 2020, respectively.

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