Average wage in Ukraine grows to US$384 in March

In Kyiv, the average wage in March 2019 was estimated at UAH 16,207 ($608).

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The average nominal wage of a full-time employee grew by 8.6% in Ukraine in March 2019 against February 2019, while rising by 22.1% year-over-year (y-o-y), to UAH 10,237, or US$384.

Real wages in Ukraine in March 2019 increased by 7.6% from February 2019 and by 12.5% y-o-y, the State Statistics Service reported.

The average nominal wage of a full-time employee in Ukraine in March 2019 was 2.5 times up from the minimum wage set at UAH 4,173 ($156).

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The average wage in Kyiv in March 2019 was UAH 16,207 ($608), it said.

As UNIAN reported earlier, the minimum wage in Ukraine grew on January 1, 2019, from UAH 3,723 ($139) to UAH 4,173 ($156).

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% in 2019 and 2020, respectively, or by 7% and 5% in real terms.

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