ECONOMIC BRIEFS

Average wages continue on the upswing

A total of 2.014 million people in Slovakia worked in the first half of this year on average, a 0.2 percent annual decline from the same period last year, according to the latest monthly data released by the Slovak Statistical Bureau.

Average wages grew to 8,622 Sk at the end of June, an 8.1 percent annual increase in real terms from the end of June 1996, when wages stood at 7,355 Sk.

The share of private sector to total output in the first seven months of this year was growing in all sectors of the economy, save construction. The highest growth in the private sector was recorded by the retail industry and in the agricultural sector. In the processing industrial sector, share of sales was 72.1 percent , and in the construction sector it was 81.7 percent.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Dual quality in the EU will be punished

Slovakia’s Agriculture Ministry welcomed the change, calling it a victory.

Food prices keep falling.

Blog: Bringing top business minds and students together

Martin Kardoš of CSI Leasing introduces the Mentor Network Program aimed at pairing young talents with experienced mentors from the business world.

Martin Kardoš, Managing Director CEE at CSI Leasing, at one of the Mentor Network Program events.

Blog: What about parking slots for “brains”?

Will the state of biomedical research trigger reactions at least half as passionate as Bratislava's parking policy?

Illustrative stock photo