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Wholesale sector posts highest nominal wage growth in April

The average nominal monthly wage rose in all basic sectors in April year-on-year with the exception of the telecommunications sector, where it dropped by 5.7 percent year-on-year. The average nominal wage in the wholesale sector grew 10.5 percent, in the construction sector 10.3 percent and in the real estate, rental, trade activities and other services 10.1 percent. The average nominal wage in the industry and in the transport sector increased by 9.3 percent year-on-year, in the retail sector 8.2 percent, in the postal service sector 5.9 percent and in hotels and restaurants 5 percent year-on-year. The average nominal wage in car sale and maintenance sector posted the slowest growth of 4.7 percent, the Statistics Office stated on June 10.

The average nominal monthly wage rose in all basic sectors in April year-on-year with the exception of the telecommunications sector, where it dropped by 5.7 percent year-on-year. The average nominal wage in the wholesale sector grew 10.5 percent, in the construction sector 10.3 percent and in the real estate, rental, trade activities and other services 10.1 percent. The average nominal wage in the industry and in the transport sector increased by 9.3 percent year-on-year, in the retail sector 8.2 percent, in the postal service sector 5.9 percent and in hotels and restaurants 5 percent year-on-year. The average nominal wage in car sale and maintenance sector posted the slowest growth of 4.7 percent, the Statistics Office stated on June 10.

The real wage grew in the wholesale sector 5.9 percent year-on-year in April, in the construction sector 5.8 percent, in the real estate, rental, trade activities and other services 5.6 percent, in the industry and in the transport sector 4.8 percent, each, in the retail sector 3.7 percent, in the postal service sector 1.5 percent, in hotels and restaurants 0.7 percent, and in car sale and maintenance sector 0.4 percent. The lowest growth was posted in telecommunications at 9.6 percent year-on-year.

The telecommunication sector had the highest average nominal wage on the four-month average, representing Sk47,690. The sector of real estate, rental, trade activities and other services paid Sk24,123. The average nominal wage in the industry was Sk20,993 and in the wholesale sector Sk20,498. The transport sector paid Sk20,301, while employees in car sale and maintenance sector earned Sk19,740 monthly.

The average nominal wage in the postal service sector accounted for Sk16,629, in the construction sector for Sk15,562, and the retail sector paid Sk14,435. Employees in hotels and restaurants received the lowest wage in April, Sk10,905. Compared with the same period of 2007, the postal service sector posted highest average nominal wage growth of 14 percent. Only the telecommunications sector saw a decline of the real average wage by 2 percent. SITA

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

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