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Wages are expected to grow in Ukraine over the next three years - government forecast

Kyiv • UNN

December 19 2023, 08:53 AM • 31059 views

The Ukrainian government forecasts that the average monthly nominal wage will increase from UAH 21,809 in 2024 to UAH 30,260 in 2026, with annual growth rates of 8.5% to 9.1%.

Wages are expected to grow in Ukraine over the next three years - government forecast

The average monthly nominal gross salary of employees is projected to reach UAH 21,809 in 2024, UAH 25,732 in 2025, and UAH 30,260 in 2026. These figures are contained in the government decree No. 1315 of December 15 on the main forecast macroeconomic indicators, UNN writes.

Details

The annual growth in nominal average monthly wages adjusted for inflation (year-on-year) is expected to be 8.5% in 2024, 8.9% in 2025, and 9.1% in 2026.

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