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Wages up but their value lags behind

THE AVERAGE salary in Slovakia reached nearly Sk16,000 (€396) per month in 2003, while average wage per hour grew by 12.1 percent to nearly Sk105 (€2.60), a new Trexima study showed.

People in Bratislava earned the most; almost Sk140 (€3.47) per hour, while employees in the Prešov region earned the least - Sk82.3 (€2.04).

Despite the total growth of hourly wages, real growth was 3.5 percent on average and the majority of regions actually saw a decrease in real wages because of the last year's high inflation rate, the Slovak daily Pravda wrote.

Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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