Russia Real Wage Growth  1998-2017 | Data | Chart | Calendar | Forecast

Real wages in Russia increased 1.3 percent year-on-year in February of 2017, following 3.1 percent rise in January and below market expectations of 2.8 percent. It was the lowest increase since October 2016. Nominal wages went up 6 percent to RUB 35,900 (8.3 percent in January) and real disposable income fell 4.1 percent (8.1 percent in January). Wage Growth in Russia averaged 105.81 Index Points from 1998 until 2016, reaching an all time high of 127.20 Index Points in December of 2001 and a record low of 58.60 Index Points in January of 1999.

Russia Real Wage Growth
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-25 01:00 PM Dec 2.4% 2.1% 1.6% 1.5%
2017-02-22 11:00 AM Jan 3.1% 2.8% 2.1% 2%
2017-03-21 03:30 PM Feb 1.3% 3.1% 2.8% 2.3%
2017-04-19 01:00 PM Mar 1.3%
2017-05-22 01:00 PM Apr
2017-06-20 01:00 PM May




Russia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.60 5.60 14.10 4.80 percent [+]
Employed Persons 71.60 72.80 74.10 60.40 Million [+]
Unemployed Persons 4.20 4.30 10.40 3.60 Million [+]
Employment Rate 65.00 66.00 66.60 64.20 percent [+]
Labor Force Participation Rate 68.90 69.70 70.30 64.20 percent [+]
Productivity 0.90 1.80 7.50 -4.10 percent [+]
Job Offers 1208136.00 1175612.00 2197833.00 1000000.00 Persons [+]
Wages 35900.00 35369.00 47554.00 1.00 RUB/Month [+]
Wage Growth 101.30 103.10 127.20 58.60 Index Points [+]
Wages in Manufacturing 35675.00 40731.00 40731.00 7397.00 RUB/Month [+]
Minimum Wages 7500.00 7500.00 7500.00 132.00 RUB/Month [+]
Population 146.50 146.30 148.69 119.90 Million [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Living Wage Family 33965.10 34469.50 35809.00 32990.40 RUB/Month [+]
Living Wage Individual 35518.60 34458.70 37431.50 32176.90 RUB/Month [+]
Wages High Skilled 38600.00 37300.00 38600.00 36700.00 RUB/Month [+]
Wages Low Skilled 13100.00 12100.00 13100.00 9990.00 RUB/Month [+]



Russia Real Wage Growth Notes

This page provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
101.30 103.10 127.20 58.60 1998 - 2017 Index Points Monthly
CPPY=100, NSA



Last
Australia 1.90 Dec/16
Belarus 7.97 Dec/16
Belgium 2.10 Sep/16
Cyprus -0.70 Sep/16
Czech Republic 2.80 Dec/16
Estonia 7.00 Dec/16
Euro Area 1.60 Dec/16
European Union 1.70 Dec/16
France 0.20 Sep/16
Germany 1.80 Sep/16
Hungary 10.00 Jan/17
Iceland 7.50 Nov/16
Italy 0.50 Jan/17
Japan 0.50 Jan/17
Macedonia 1.90 Sep/16
Netherlands 1.39 Feb/17
Norway 6.00 Dec/16
Poland 4.00 Feb/17
Portugal 3.20 Nov/16
Russia 101.30 Feb/17
Slovakia 3.70 Dec/16
Slovenia 2.07 Jan/17
Switzerland 0.60 Sep/16
Ukraine 37.73 Jan/17
United Kingdom 2.20 Jan/17
United States 4.47 Jan/17