The full-scale aggression of Russia has led to a significant decrease in economic activity, as well as a sharp decrease in the income of the population. This is stated in the quarterly inflation report of the National Bank of Ukraine for July 2022..

According to the NBU, at the beginning of the war, enterprises tried to pay salaries in full, but due to the continuation of hostilities and the deterioration of the financial and economic situation, the vast majority of enterprises are unable to provide the pre-war level of wages.

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According to the NBU forecast, in the future, with the recovery of the economy and the revival of demand for labor, nominal wages will grow rapidly and exceed the pre-war level as early as 2023. However, taking into account inflationary processes, real wages at the end of 2024 will still be below the pre-war level..

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Recall that due to the aggression of the Russian Federation, the unemployment rate in Ukraine reached 35%.