EDB experts predict wage growth in Belarus

Another micro-survey by the Eurasian Development Bank showed that real wages in January increased by 1.6% relative to salaries in January 2022, Sputnik reported.

Salaries of employees of budget organizations increased by 1.8% due to an increase of the base rate. In other industries, salaries also increased.

The drop in salaries occurred only in IT. The annual drop was 10.3%. The key reason was the reduction of the industry as a whole and the relocation of employees.

According to the bank's specialists, the emerging trend of salary increases will support real incomes of the population and consumption.

Let us remind you, that the experts of the Eurasian Development Bank promise inflation to get reduced in Belarus. According to forecasts, prices may rise by only 8% by the end of 2023.

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Photo: zavuch.ru