Croatia's average net wage down by real 2.4% y/y in April.

By bne IntelliNews July 2, 2012
Croatias average net wage dropped by a real 2.4% on the year in April after declining by an annual 1.6% in the previous month, detailed data of the statistics office showed. In nominal terms, the average net wage rose marginally by 0.1% on the year to HRK 5,403 (EUR 721) in April, following an increase of 0.3% on the year a month earlier. On a monthly basis, the April average net wage narrowed by 1.7% in nominal and by 2.5% in real terms. The sector classification showed that most of the sectors contributed to the overall monthly drop of the net wage. In nominal terms, wages declined most in information and communication (18.9% on the month) and in water supply; sewerage, waste management and remediation activities (4.1% on the month). The gross wage declined by 3.2% on the month in real and by 2.4% on the month in nominal terms to HRK 7,767 in April, while on annual basis it went down by a real 2.3% and rose by a nominal 0.2% on the year.

Croatia's average net wage down by real 2.4% y/y in April.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    6 days ago
  2. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    6 days ago
  3. Russia’s war economy boosted by rising oil prices
    7 days ago
  4. Russia’s $13.4bn current account surplus in March second highest since 2007
    6 days ago
  5. Iran vs Israel: Who is better equipped for war?
    10 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    24 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    28 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    26 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss