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Real monthly wages rose 18% y-o-y in June

Real monthly wages rose 18% y-o-y in June

Real monthly wages rose 18% y-o-y in June, reports the State Statistics Service. The current average wage is UAH 10,783, or $420. Donetsk saw the largest increase – 28%, following by Sumy with 20%. In the highest wage region, Kyiv, residents are paid almost twice as much as in the lowest wage region, Kirovohrad – UAH 15,650 versus UAH 8,574. With investment rates low, a key driver of wage growth is competition with wages in Poland.

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