Real wages in Belarus has overtaken Russia

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Photo: RIA “Novosti”

The size of real wages in Belarus in us dollars based on purchasing power parity exceeded the Russian. It is reported by RBC with reference to the study of social policy Institute of the Higher school of Economics (HSE).

According to expert estimates, in Belarus real wages in 2017 was 1602,6 of the dollar, and in Russia — $ 1550. At the same time, the nominal exchange rate of Russian wages was higher than Belarusian. In 2017 the average salary in Russia is calculated according to the exchange rate, was $ 671 USD, and in Belarus — 421,9 dollar.

According to Rosstat in may 2018, the average monthly nominal wage increased in April to 10.4 percent in annual terms and amounted to 43 550 rubles.

Analysts HeadHunter came to the conclusion that in the first half of this year wage growth in the private sector in Moscow and St. Petersburg stopped. The head of the Department of analytical business solutions Natalia Citizen pointed to the atypical situation for the market and suggested that this may be related to the stabilization of the economy and seasonality.

Video, photo All from Russia.

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