Wage Growth

Wage Growth measures the rate of the nominal wage growth for individuals adjusted for inflation. This measure is calculated by Federal State Statistics Service.

Russian Wage Growth

Russian Wage Growth remained unchanged on grew on a yearly basis when compared to previous month values. Results were reported at 3.7%, meeting the value of the previous month of 3.7% and beat expectations of 2.4%. Wage Growth in Russiapeaked at an all-time high point of27.20% in December of 2001and hit rock-bottom at-41.40% in January of 1999.