Ministry of Labour of Russia predicts increase in nominal wages this year by average of 11.6%

17.11.2022

Deputy Minister of Labour and Social Protection Elena Mukhtiyarova said that the projected increase in the average nominal salary in Russia in 2022 will be 11.6%.

"Following the results of the year, the average increase in nominal wages is expected at the level of 11.6%, which is somewhat lower than inflation,"...