by
March 3 – March 9, 2014

Wages fall to USD 550 per month

The situation has not changed
Wages fall to USD 550 per month

In January 2014, wages fell by 9.1% compared to December 2013.

This was partly due to the bonuses paid out at the year-end. Lower incomes will reduce the pressure on the currency market, will deteriorate the dynamics in retail trade, will change the composition of the consumer basket by shifting consumer demand towards less expensive goods, and will increase domestic and international migration of labour.

You have been successfully subscribed

Subscribe to our newsletter

Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
EN
BE/RU
Subscribe

Situation in Belarus

March 18 – March 24
View all

Subscribe to us

Read more