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Salaries rise sharply in telecom sector

Average nominal monthly salaries in Slovakia in May 2007 rose most sharply, by 20.1 percent, year-on-year in the telecommunications sector, the National Statistics Office reported on July 10.

The telecom sector has been recording the highest y-o-y growth since February of this year. In April, the figure was 19.1 percent.

Other average nominal monthly salary increases in May 2007 were in construction, real estate, rentals, business activities and other services, all of which rose 10.4 percent; in postal services, 9.6 percent; in industry, 9.3 percent; in the sale and maintenance of motor vehicles, 8.9 percent; in retail, 7.7 percent; in transport, 6 percent; and in wholesale, 4.4 percent. The smallest salary increases were in hotels and restaurants, 1.7 percent.

Compiled by Zuzana Vilikovská from press reports
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