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Slowdown signs - Ukrainian wages down by 17% MoM in January
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Sunday, 01 Mar 2009
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Kyiv Post reported that the Ukrainian State Statistics Committee has informed that average wages fell by 16.8% in January 2009 to UAH 1,665 per month in comparison with December 2008.

The highest rate of average wages was registered in the city of Kyiv at UAH 2,794 per month, a decrease by 21.3% over December 2008. The lowest rate of average wages was registered in the Ternopil region at UAH 1,207 per month a decrease by 24.3% compared with December 2008.

Average wages rose by 9.4% or UAH 144 from UAH 1,521 per month in January 2009, compared with January 2008.

As Ukrainian News earlier reported in December, average wages rose by 9.8% to UAH 2,001 per month compared with November.

(Sourced from Kyiv Post)

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