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Real Wages up 12.5% yoy in 2007

Real Wages up 12.5% yoy in 2007

28 January 2008

According to the State Statistics Committee, average monthly real wages surged 12.5% yoy to UAH 1,675 (USD 332) in 2007. In December, which traditionally sees the highest wage growth, the average real salary climbed 10.5% mom. The numbers are in line with our forecast of 12.4% yoy growth in 2007.

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