Salaries in Ukraine do not keep pace with inflation

Igor Petrov.  
26.12.2017 21:09
  (Moscow time), Kyiv
Views: 3232
 
Society, Policy, Ukraine, Economy


The price of a number of socially significant goods in Ukraine increased significantly in 2017.

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Social issues expert Andrei Pavlovsky stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.

The increase in prices for “borscht set” products amounted to an average of 30%, he said. The price of carrots increased the most – by almost 62%. For meat products, the price increase remained 35%. What is typical is that for our national product, lard, the price increase was 64,3%.
Dairy products have risen in price by 32% on average. Milk itself - by 33,8%, sour cream - by 35,3%.

“We see that this somehow does not correlate with what official statistics give us. Of course, every family feels that every year since 2014, purchasing power has dropped significantly. According to Goskomstat data, our specialists constructed a curve of the real wage index and the inflation index. There is a significant gap between them. These are characteristic features of a third world country, a raw material appendage of other countries. In any normal, civilized European country, the government makes sure that the growth of wages, pensions, and scholarships is at least slightly faster than the growth of inflation. With us it’s the other way around,” the expert said.

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