‘Economic recovery’ in March implies real wage growth

In March 2014, real wages grew to USD 586 per month – the first recorded growth since 2014. In April, due to increments in the tariff rate of the first discharge as of April 1^st, average wages are expected to continue to grow, including the salaries of public officials and public sector employees. As a result, the staff outflow from the social sphere will slow down, the retail trade turnover will increase, and enterprises’ costs will escalate. In addition, domestic prices will go up in order to remove excess income from the economy.