The number of unemployed rose by 43 thousand to 3.654 million in November from 3.611 million in the previous month. Compared with the previous year, unemployment fell by 233 thousand from 3.887 million.
Russia's real wages increased 4.6 percent year-on-year in November of 2018, following an upwardly revised 5.2 percent rise in the previous month and well above market expectations of a 4 percent gain. Average nominal wages jumped 8.6 percent to RUB 42,750 while annual inflation rate rose to 3.8 percent, its highest level since July 2017. Meanwhile, real disposable personal income in Russia decreased 2.9 percent in November, following a 0.3 percent gain in October.