Ukraine sees average salary rise to $289 in January

The average nominal salary of a full-time worker in Ukraine rose by 12.1% in January 2018 against the previous month. At the same time, in year-over-year terms, it grew by 28.4% to reach UAH 7,711 ($289), UNIAN reports.

In January 2018, real wages in Ukraine dropped by 13.4% compared to December 2017, however, they did grow by 12.3% in annual terms, the State Statistics Service has informed. The minimum wage was raised from UAH 3,200 ($120) to UAH 3,723 (140), starting from 1 January 2018.

Earlier the Prime Minister of Ukraine Volodymyr Groysman said the real growth of wages in Ukraine in 2017 reached 19%, whereas their nominal growth was higher, UNIAN had reported. “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.
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