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Wages of Slovaks in October Exceeded Inflation in Major Sectors, with only Two Exceptions
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Real wage growth, i.e. growth faster than inflation, was recorded year-on-year in eight out of ten sectors
Fears of slowing wage growth have come true. At least that's what the overall figures for the third quarter of this year showed. Real earnings rose at the slowest pace in the last eight quarters. The October data from the Statistical Office currently outlines how the situation on the labor market will develop further. The rate of nominal wage growth was also high enough in October for wages across the economy to show real growth. Only two monito…
·Bratislava Region, Slovakia
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