During the first quarter of the year Slovak economy demonstrated 0,2% growth mainly supported by rising exports and increases in automotive production, as well as production of metals Investment and household consumption, on the other hand, continued to decrease with growing unemployment being the main push back factor.
Employment levels in the country decreased by 4,8% year on year with unemployment reaching 7,1% in Q1 2021 The average nominal wage increased to 1,124€ demonstrating 2,5% growth in real terms.
