Russia's Real Wages Grow 3.4% Amid Labor Shortages
Real wage growth continues, but it is now targeted and concentrated in industry, construction, IT, and logistics. An expert identified three sectors with wage growth outpacing the rest.
Consensus
- The average nominal salary in Russia in June 2026 was 114,743 rubles.
- The year-on-year nominal salary growth in June 2026 was 9.6%.
- Real wages in Russia grew by 3.4% in June 2026, adjusted for inflation.
- The growth rate of real wages has been slowing down compared to previous months.
- Labor shortages persist in key sectors such as industry, IT, logistics, and construction.
- Employers are facing increasing difficulty in finding qualified workers.
- The number of unemployed people in Russia increased to 1.729 million in July 2026.
- The unemployment rate in July 2026 rose to 2.3%, up from 2.2% in June.
Points of divergence
- President Putin stated that real wages in Russia grew by 6.3% in the first quarter of 2026. — vm
- Real wage growth accelerated from 2.9% to 6.9% annually between 2017 and 2022, and from 2023 onward, respectively. — riamo
- The labor market transitioned from moderate wage growth to intense competition for workers, which is now weakening. — riamo
- The slowdown in real wage growth is due to normalization after the 2025 peak in labor demand. — vesti
Coverage (8 sources)
- Economist told who in Russia will get a raise — Вести
- Putin reported on growth of real wages in Russia in 2026 — Вести
- Putin: Wages in Russia grew by 6.3 percent in the first quarter of 2026 — Вечерняя Москва
- Real wages in Russia in June 2026 slowed growth to 3.4% — Вести
- Rosstat: Average salary in Russia grew to almost 115 thousand rubles in June — Вечерняя Москва
- Unemployment in Russia in July rose to 2.3% after 2.2% in June — Интерфакс
- Average salary in Russia reached almost 115 thousand rubles — Вести
- Wages in Russia began growing 2.4 times faster: the labor market accelerated workers' incomes — РИАМО
Key entities
- Russia
- Rosstat
- Moscow
- Vladimir Putin
- INTERFAX.RU
- Central Bank
- KP.RU
- Financial University
- Sergey Tolkaev
- Sberom
- Federal State Statistics Service
- Tsentralnoye Massovye Informatsionnye Sredstva
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