The economic situation depends not only on the GDP growth, but also on the household income, head of the group of advisors to the NBU governor Valeriy Lytvytsky told a press conference "Price situation in Ukraine in 2012", ForUm correspondent reports.

According to the financier, the real incomes of population increased by almost 14% in the third quarter of 2012 compared with the third quarter of the previous year.

"Weakening of the inflation burden leads to increase in people's income under growth slowdown of nominal GDP," Lytvytsky noted.

As for wages, he added that their growth in Ukraine reached 14.7% for 11 months of 2012, while it was 8.5% in January-November of the year before last.

According to him, Ukraine needs investment to improve its economic situation.

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