Wages in Manufacturing in Russia decreased to 44320 RUB/Month in May from 44596 RUB/Month in April of 2020.
Wages in Manufacturing in Russia averaged 25477.42 RUB/Month from 2005 until 2020, reaching an all time high of 50745 RUB/Month in December of 2019 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. Russia Average Monthly Nominal Wages in Manufacturing - values, historical data and charts - was last updated on August of 2020. source: Federal State Statistics Service
Wages in Manufacturing in Russia is expected to be 40382.00 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 46068.00 in 12 months time. In the long-term, the Russia Average Monthly Nominal Wages in Manufacturing is projected to trend around 52850.00 RUB/Month in 2021 and 54435.00 RUB/Month in 2022, according to our econometric models.