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competition for labour in the economy," he added. Concorde expects real wages to climb 9-10% y/y in 2019.
The average wage in Ukraine should reach $620 in dollar terms that is around UAH16,300 by 2021, the nation's Prime Minister Volodymyr Groysman said on May 14. "The government has a clear guideline regarding the average wage in Ukraine for 2021. In dollar terms, this is $620 - an absolutely real figure that will help increase the motivation of Ukrainians to work on their own economy," news agency Interfax quoted him as saying. According to official data, the average nominal wage of full-time employees in March rose by 8.6% month-on-month (22.1% year-on-year) to UAH10,237. Real wages in Ukraine in March increased by 12.5% m/m and by 7.6% y/y.
4.4.3 Retail sector dynamics
Retail trade increased 9.1% y/y in real terms in April, slightly accelerating
29 UKRAINE Country Report June 2019 www.intellinews.com