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Russian real wages up 2.9pc y/y in June

19 Jul, 2017

Analysts polled by Reuters had expected that real wages, which are adjusted for inflation, would rise 3.4 percent last month.

The statistics service revised May real wages growth to 2.8 percent from 3.7 percent, its data showed.

Average nominal wages earned by Russians rose 7.4 percent year on year to 41,640 roubles ($704.5) in June.

 

Copyright Reuters, 2017
 

 

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