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Real salaries rose y-o-y in November only in IT and construction sectors

Average nominal monthly salaries in Slovakia grew fastest in the IT sector in November 2011, by 8.6 percent year-on-year, according to figures published by the Statistics Office (ŠÚ) on Thursday, January 12. Nominal salaries also rose in construction (4.9 percent), in industry (3 percent), in retail (1.9 percent), and in accommodation services (0.4 percent).

Average nominal monthly salaries in Slovakia grew fastest in the IT sector in November 2011, by 8.6 percent year-on-year, according to figures published by the Statistics Office (ŠÚ) on Thursday, January 12. Nominal salaries also rose in construction (4.9 percent), in industry (3 percent), in retail (1.9 percent), and in accommodation services (0.4 percent).

Real salaries, which take into account the effects of inflation, grew year-on-year in November only in IT (by 3.8 percent) and in construction (by 0.3 percent). For the first 11 months of 2011, the highest average nominal monthly salary was paid in IT and telecoms (€1,714), the TASR newswire quoted the ŠÚ report as saying.

Other average salaries in November were: €819 in industry; €736 in wholesale, and €718 in car sales and maintenance. The lowest average salary, €357, was paid in the hotel and restaurant sector.

Source: TASR

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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