GDP growth slows, real wages slump

Slovakia's gross domestic product (GDP) grew 2.8% in real terms in the second quarter of 2001, according to the statistics office, down slightly from 3% in the first quarter; the growth was driven by a 21.1% rise in gross fixed investments during the period.

Real wages in the same period fell by 0.3% after a 0.1% rise in the first quarter; wages rose 7.5% in nominal terms year-on-year in the second quarter to a national average of 12,064 crowns ($252) a month.

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