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Statistics Office: Wholesale saw the biggest salary hike in November 2014

The Slovak Statistics Office (ŠÚ) published its findings concerning the development in salaries of Slovaks on January 13, reporting that average nominal monthly salary in November 2014 recorded year-on-year increases in all monitored categories except for selected market services.

The Slovak Statistics Office (ŠÚ) published its findings concerning the development in salaries of Slovaks on January 13, reporting that average nominal monthly salary in November 2014 recorded year-on-year increases in all monitored categories except for selected market services.

Increases were posted in wholesale (up 9 percent y-o-y to €919 per month), in accommodation (4.8 percent y-o-y to €632), in transport and warehousing (4.5 percent to €857), in industry (3.2 percent to €1,053), in retail (2.4 percent to €630), in the sale and repair of motor vehicles (2.3 percent to €875), in construction (2.2 percent to €650), in restaurants and pubs (0.3 percent to €368) and in information and communications activities (0.3 percent to €1,854).

Conversely, the only drop was recorded in selected market services - by 4.5 percent y-o-y to €850.

Average real monthly salaries in November were up in wholesale (by 9 percent y-o-y), in accommodation (4.8 percent), in transport and warehousing (4.5 percent), in industry (3.2 percent), in retail (2.4 percent), in the sale and repair of motor vehicles (2.3 percent), in construction (2.2 percent) and in restaurants and pubs and in information and communications activities (both by 0.3 percent). They fell only in selected market services, by 4.5 percent y-o-y.

When the first 11 months of 2014 are compared with the same period of 2013, average salaries rose in wholesale (by 7.4 percent y-o-y to €829 per month), in transport and warehousing (5.8 percent to €782), in industry (4.9 percent to €927), in the sale and repair of motor vehicles (4.2 percent to €824), in retail (2.8 percent to €584) and in accommodation (2.4 percent to €599).

Salaries shrank in selected market services (by 2 percent y-o-y to €809 per month), in information and communications activities (1.6 percent to €1,720), in construction (1.3 percent to €596) and in restaurants and pubs (0.8 percent to €365).

Considering the same 11-month period, average real salaries rose in wholesale (by 7.5 percent y-o-y), in transport and warehousing (5.9 percent), in industry (5 percent), in the sale and repair of motor vehicles (4.3 percent), in retail (2.9 percent) and in accommodation (2.5 percent), the TASR newswire quoted the ŠÚ. They went down in selected market services (by 1.9 percent), in information and communications activities (1.5 percent), in construction (1.2 percent) and in restaurants and pubs (0.7 percent).

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