Biggest salary hikes were in wholesale and industry in September

The highest annual increases in average nominal monthly salaries in September were seen in wholesale and in industry, the Slovak Statistics Office (ŠÚ) announced on November 11. Wholesale witnessed a rise of 7.4 percent year-on-year to €825 per month, while salaries in industry jumped by 7 percent to €916 per month. Further hikes were seen in transport and warehousing (by 4.8 percent y-o-y to €781), in sales and repairs of motor vehicles (4.5 percent to €811), in retail (2.3 percent to €578), and in accommodation (2 percent to €606).

The highest annual increases in average nominal monthly salaries in September were seen in wholesale and in industry, the Slovak Statistics Office (ŠÚ) announced on November 11.

Wholesale witnessed a rise of 7.4 percent year-on-year to €825 per month, while salaries in industry jumped by 7 percent to €916 per month. Further hikes were seen in transport and warehousing (by 4.8 percent y-o-y to €781), in sales and repairs of motor vehicles (4.5 percent to €811), in retail (2.3 percent to €578), and in accommodation (2 percent to €606).

Conversely, the most noticeable y-o-y drops were posted in information and communications activities (by 5.9 percent to €1,657), in construction (1.8 percent to €598) and in selected market services (0.9 percent to €798). Salaries in restaurants and pubs stayed level - €366 per month, the TASR newswire quoted the ŠÚ.

As for real monthly salaries, these rose in wholesale (7.5 percent y-o-y), in industry (7.1 percent), in transport and warehousing (4.9 percent), in sales and repairs of motor vehicles (4.6 percent), in retail (2.4 percent), in accommodation (2.1 percent), and in restaurants and pubs (0.1 percent). Annual drops in real salaries were seen in information and communications activities (-5.8 percent), in construction (-1.7 percent) and in selected market services (-0.8 percent).

When the first nine months of 2014 are compared with the same period of last year, the average nominal monthly salary rose in wholesale (7.2 percent to €819), in construction and warehousing (5.9 percent to €773), in industry (5.3 percent to €916), in sales and repairs of motor vehicles (4.3 percent to €817), in retail (2.8 percent to €579) and in accommodation (2.2 percent to €596).

Nominal salaries went down in selected market services (-2 percent y-o-y to €803), in construction (-1.5 percent to €588), in restaurants and pubs (-1.1 percent to €365) and in information and communications activities (-0.9 percent to €1,719).

When the same nine-month period is considered, real salaries went up in wholesale (7.3 percent), in construction and warehousing (6 percent), in industry (5.4 percent), in sales and repairs of motor vehicles (4.4 percent), in retail (2.9 percent) and in accommodation (2.3 percent). They went down in selected market services (-1.9 percent), in construction (-1.4 percent), in restaurants and pubs (-1 percent), and in information and communications activities (-0.8 percent).

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
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