Ministry of Labor: growth rates of the main types of monetary income of the population exceed the rate of inflation

03.10.2024 21:24

The growth rate of the main types of monetary income of Belarusians exceeds the rate of inflation.

This information was announced on October 3 at a meeting of the National Council on Labor and Social Issues by First Deputy Minister of Labor and Social Protection Tatyana Astreiko, the department’s press service reported on Telegram.

What the Ministry of Labor said about the growth of Belarusians' incomes

As the deputy minister reported, the real growth of wages in January-August of this year was 113.2%, with a forecast of 103.9%.

On average, wages in the economy amounted to 2,195.4 rubles, an increase of 19.7% compared to 2023.

The salaries of employees of budgetary organizations increased by 18.4% and amounted to 1,710.7 rubles, real growth – 112%.

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Photo: © Belnovosti

The real growth of pensions was 110.5%. This year there were two increases in labor pensions: from February 1 by 10% and from October 1 by 5%.

The average old-age pension for a non-working pensioner in October will be 852 rubles (115 rubles more than in October last year).

Social pensions have been indexed three times this year: by 10.6% on February 1, by 2.9% on May 1, and by 3.4% on August 1.

The real increase in the average monthly benefit for caring for a child under three years of age was 112.9%.

This benefit was indexed twice (from February 1 and from August 1), and the benefit calculated from the amount of the BMP was indexed three times (from February 1, May 1 and August 1).

The average monthly allowance for caring for a child under three years of age in January-June of this year increased by 19.2% and amounted to 763.5 rubles, the real increase was 112.8%.

The average monthly amount of benefits calculated from the subsistence minimum increased by 17.3%, with real growth amounting to 111%.

The Deputy Minister noted that the target indicator for the growth of the average monthly child care allowance for a child under three years of age will definitely be met this year: it will increase by at least 19%. At the same time, the inflation rate for this period was 105.7%.

Author: Timur Khomichev Internet resource editor