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Croatia's avg net wage declines y/y in real terms in March

Author Annie Tsoneva
Croatia's avg net wage declines y/y in real terms in March Valamar's employees. Photo by Valamar.

ZAGREB (Croatia), May 20 (SeeNews) - Croatia's average net monthly wage totalled 7,607 kuna ($1,068/1,010 euro) in March, down 0.7% year-on-year in real terms, the country's statistical office said on Friday.

In February, the average net monthly salary was 0.4% lower on the year in real terms.

On a monthly comparison basis, the average net monthly wage stagnated in March in real terms, after it rose by 0.1% in February, the Croatian Bureau of Statistics said in a statement.

The average gross monthly salary amounted to 10,328 kuna in March, up by a real 0.1% month-on-month and higher by 0.3% on the year.

Croatia's average net monthly wage totalled 7,129 kuna last year, up by a real 2.7% year-on-year.

(1 euro = 7.533 kuna)

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