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Average nominal monthly salary in IT and telecommunications drops

Average nominal monthly salaries in Slovakia increased in all sectors except IT and communications, which recorded a drop of 10.9 percent, according to data presented by the Statistics Office.

Average nominal monthly salaries in Slovakia increased in all sectors except IT and communications, which recorded a drop of 10.9 percent, according to data presented by the Statistics Office.

The annual average nominal salary rose by 4.9 percent in sale and repair of motor vehicles, by 4.3 percent in industry, by 3.6 percent in accommodation, by 3.5 percent in wholesale, by 2.8 percent in construction, by 2.1 percent in transportation and storage, by 1.7 percent in food and beverage service activities, by 1.5 percent in selected market services and by 0.7 percent in retail trade.

The average real monthly salary in July increased only in sale and repair of motor vehicles by 1.2 percent year-on-year (y-o-y), and in industry by 0.6 percent y-o-y. Real salaries dropped in information and communication by 14.1 percent y-o-y, in retail trade by 2.9 percent y-o-y, in selected market services by 2.1 percent y-o-y, in food and beverage service activities by 1.9 percent y-o-y, in transportation and storage by 1.5 percent y-o-y, in construction by 0.9 percent y-o-y, in wholesale by 0.2 percent y-o-y, and in accommodation by 0.1 percent y-o-y.

During the first seven months of 2012 the highest average nominal salary was received by employees in IT and communications, where it stood at €1,705. The average salary in industry reached €838, in selected market services €797, in wholesale €753, in sale and repair of motor vehicles €743, and in transportation and storage €724, the Statistics Office reported.

Source: Statistics Office website

Compiled by Radka Minarechová from press reports
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