Salaries in Russia rose by over 7% last year, further showing how the war is boosting the country's economy

Mon, 02/19/2024 - 02:41

Real wages in Russia increased by 7.6% in the first 11 months of 2023, beating inflation.
The wage rise is due to a labor shortage tied to the war and an exodus of workers.
Russia's economy remains resilient due to wartime spending and government subsidies.

Russia's wartime labor crunch is boosting salaries so much that wage gains are beating inflation.