Bratislava - The Slovak Statistical Office confirmed Tuesday that the Slovak economy slowed down to 8.7 per cent year-on-year in the first quarter of 2008 compared to a record 14.3 per cent in the previous quarter.
Real wages grew 6.2 per cent in the first three months of 2008, the statisticians said.
The average monthly salary reached 20,443 Slovak koruny (1,287 dollars) in the first quarter, in nominal terms a hike of 10.4 per cent year-on-year.
The unemployment rate was 10.5 per cent in the first three months of 2008, up from 10.3 per cent in the previous quarter but one percentage point down from the same period the previous year.