Real wage growth continues to support consumer demand in Belarus – as indicated in the weekly macro review of the Eurasian Development Bank, sb.by reports As noted by experts, real wages in Belarus increased by 7.4 percent in September, after rising by 8.1 percent in August. “Employers continued to raise wages due to a shortage of personnel. The unemployment rate fell from 2.1 percent in Q2 to 1.9 percent in Q3, reaching a historic low,” they informed. Additional support to the incomes of public sector employees was provided by an increase in the basic wage rate from September. “This move has made it possible to maintain faster growth in the state-run sector compared to the average in the economy.
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