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Real wages in Ukraine grow by 19% in 2017

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The Prime Minister of Ukraine Volodymyr Groysman says the real growth of wages in Ukraine in 2017 reached 19%, whereas their nominal growth was higher, UNIAN reports.

“We managed to reach a 19% real growth of wages in the previous year, their nominal growth was higher. Nevertheless, we realize the effect of inflation. Hence, the real growth of wages stood at 19%,” the Prime Minister said during a government meeting on Wednesday, 14 February.

The Cabinet of Ministers of Ukraine, under the policy for economic growth and rising social standards, seeks to ensure the average salary in Ukraine reaches UAH 10,000 ($374) by the end of 2018.
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