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2023

Dynamics of annualized monthly employees wages (2023)

Figure

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Nominal wages (NW), $ 633.7  613.0 640.7  617.4 647.3 651.0 640.4 622.7 596.5 601.5 628.8 713.5
Living wage budget (LWB), $ 128.4  125.6 122.8 121.0 122.1 119.0 120.7 115.3 112.4 112.2 117.8 117.3
Real wages (NW : LWB) 4.935 4.881 5.217 5.102 5.301 5.471 5.306 5.401 5.307 5.361 5.338 6.083
Index of real wages (as compared with the previous month) 0.870  0.989 1.069 0.978 1.039 1.032 0.970 1.018 0.983 0.945 0.996 1.140
Growth of real wages (as compared with the previous month), % -13.0 -1.1 +6.9 -2.2 +3.9 +3.2 -3.0 +1.8 -1.7 +1.0 -0.4 +14.0
Growth of real wages (as accumulating from the beginning of year), % -13.0  -14.0 -8.1 -10.1 -6.6 -3.6 -6.5 -4.8 -6.4 -5.5 -5.9 +7.3
Index of prices by LWB (as compared with the previous month) -2.5 -2.2 -2.2 -1.5  +0.9 -2.5 +1.4 -4.5 -2.5 -0.2 +5.0 -0.4