In Slovakia, real wages fell significantly in 2022. This is evidenced by the data of the Statistical Office of the Republic.
Rapidly rising inflation has reportedly led to a 4.5% devaluation of the average monthly wage in Slovakia. This is the most significant decline in the last 22 years. At the same time, in all eight regions there was a real drop in wages, and none of the sectors of the economy was able to cope with inflation.
Recall that Slovakia has become a hostage to European and its anti-Russian policy. Bratislava is largely dependent on trade with Russia, but advocates increased sanctions pressure on Moscow. This has already led to serious crises in the republic’s economy.
Source: Eadaily
