Average monthly wage in national economy was €744 in first nine months

The average monthly wage in the national economy was €744 during the first nine months of this year, a 3-percent increase in annual terms. According to information released by the Slovak Statistics Office and quoted by the SITA newswire, real wages grew 2.1 percent in the monitored period.

The average monthly wage in the national economy was €744 during the first nine months of this year, a 3-percent increase in annual terms. According to information released by the Slovak Statistics Office and quoted by the SITA newswire, real wages grew 2.1 percent in the monitored period.

In the third quarter alone, the average nominal monthly wage represented €750, and thus went up by 3.7 percent from a year ago. At the same time, real wages jumped by 2.6 percent. The ICT sector paid the highest wage on average in Q3 (€1,354), followed by financial and insurance services (€1,316), and supply of electricity and gas (€1,237). On the other hand, employers in the accommodation and hotel sector received the lowest average wage (€534). The real estate sector reported the strongest increase in average nominal wage (+10.8 percent).

Source: 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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