Real wages in Ukraine grew 12.5% y/y in January, speeding up from 11.3% growth in December, the State Statistics Service reported on February 28. The average monthly nominal wage dropped to Hr 10,727 ($445) a month from Hr 12,264 in December, or a 12.7% m/m slide in real terms.
Bne IntelliNews: Real wages in Ukraine grew 12.5% y/y in January to $445
The photo, released on Nov. 26, 2019, by the press office of the National Bank of Ukraine, shows new hryvnia banknotes. The hryvnia has been gaining in value throughout the fall season, defying earlier predictions by exporters and economists.