Ukraine sees 2.3% rise in real wages

Real wages in Ukraine rose by 2.3% in February 2017 compared to the previous month, according to the State Statistics Service of Ukraine.

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At the same time, real wages grew by 18% in February 2017 year-over-year (y-o-y).

The average nominal salary of a full-time employee in Ukraine was UAH 6,209 in February 2017, which was 3.3% up from January 2017 and 35.4% higher y-o-y. This value is 1.9 times higher than the minimum wage in Ukraine estimated at UAH 3,200.

Read alsoNBU vows slower price growthIn February 2017, the highest average salaries of UAH 26,121 were recorded in air transportation sector, UAH 11,100 in the field of information and telecommunications, as well as UAH 10,983 in financial and insurance spheres. In the industrial sector, the highest average salary of UAH 12,709 was paid to full-time employees involved in the production of basic pharmaceuticals.

In January 2017, the lowest average salary of UAH 3,369 was reported in the field of postal and courier activities.

The data does not include information from the temporarily occupied territory of the Autonomous Republic of Crimea, as well as the Anti-Terrorist Operation zone.

As UNIAN reported earlier, real wages in Ukraine in 2016 exceeded by 11.6% the indicator of 2015. The average nominal salary of a full-time employee in December 2016 increased by 19.8% against November, amounting to UAH 6,475.

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