Wages in Manufacturing in Russia decreased to 43243 RUB/Month in November from 44173 RUB/Month in October of 2019.
Wages in Manufacturing in Russia averaged 24802.74 RUB/Month from 2005 until 2019, reaching an all time high of 47231 RUB/Month in December of 2018 and a record low of 7397 RUB/Month in January of 2005. This page provides the latest reported value for - Russia Average Monthly Nominal Wages in Manufacturing - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Federal State Statistics Service
Wages in Manufacturing in Russia is expected to be 44505.00 RUB/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Russia to stand at 45498.00 in 12 months time. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 47802.00 RUB/Month in 2020, according to our econometric models.