“At the end of the year, the average increase in nominal wages is expected at the level of 11.6%, which is somewhat lower than inflation,” RIA Novosti quotes her.
According to the Minister of Economic Development Maxim Reshetnikov, inflation in Russia by the end of 2022 will be in the range of 12-12.4%.
At the same time, according to the head of the Russian Ministry of Labor Anton Kotyakov, the minimum wage and the living wage will be indexed above inflation from January 1, 2023.