Date: 4 weeks ago   Category: Economy

The Ministry of Economic Development reported about revision of growth rates of salaries — Rambler News Service


Growth of real salaries in March after revision of preliminary data of Rosstat noting earlier zero dynamics was 2.3% follows from "A picture of business activity. May, 2019", prepared by the Ministry of Economic Development. It is noted that in this regard data on growth of salaries for the I quarter were revised. "According to reporting data, the growth rate of the real salaries in March was 2.3% of yoy, significantly having exceeded preliminary estimate of Rosstat (before adjustment the indicator showed zero dynamics). Thus, in 1kv19 the real salaries grew by 1.3% of yoy (the previous assessment – 0.4% of yoy)", - it is noted in the document. The Ministry of Economic Development notes Rosstat with reference to assessment that growth of salaries in April was 1.6% in annual terms. Rosstat, in turn, reported that the real average monthly charged wages of Russians, by preliminary estimate, in January-April, 2019 grew by 1.4% in annual terms. In nominal terms the indicator grew by 6.6%.

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