OREANDA-NEWS. December 01, 2008. The rating of the International Labor Organization states, that as regards this indicator, Moldova is followed by: Romania - 78%, Armenia - 81% and Nigeria - 83%.

According to ILO, the increase in prices for the foodstuffs with no significant increase in wages will reduce the spending on other family needs, such as services and other essential products. ILO warns that this could lead to deterioration of children, pregnant women and nursing mothers’ health.

According to ILO, in 2008 average real wages in developed countries will grow by 0.8% and in the rest of the world - by 1.7%, respectively. At the same time, in 2009, real wages in developed countries will decrease by 0, 5% and will grow by 1.1% in the rest of the world.

ILO warns that if no urgent measures of the governments are undertaken, the inflation for foodstuffs and reducing rates of wages’ growth will lead to deterioration of the living standards.