Analysts at Halyk Finance reported that real wage growth was lagging behind the gross domestic product (GDP) growth in Q1 2025. Thus, real wages rose by only 1.2% compared to a 6% growth of GDP year-on-year. This is lower than in Q1 2024, when the growth in real terms reached 2.1%.
In their survey, experts pointed to a disproportion in income growth across various economic sectors. For example, telecommunications reported 20% growth in annual terms, while agriculture accounted for only 7.2%. Growth in trade reached 5.9%; in real estate, the figure stood at 4.8%, and in the industrial sector, at...