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Average net salary for January at HRK 5,656

Author: vmic
ZAGREB, March 23 (Hina) - The average net monthly salary in Croatia paid for January was HRK 5,656, which was HRK 60 or 1% lower in nominal terms than the salary for December, according to an initial estimate of the National Bureau of Statistics (DZS) published on Monday.

Compared with January 2014, the average net monthly salary for January 2015 was HRK 103 higher, which was a nominal increase of 1.9%.

"The real net salary in January was about 2.8% higher year on year due to deflationary trends," Zvonimir Savic, an economic analyst at the Croatian Chamber of Commerce, said in a comment on the DZS report. By comparison, the average gross salary was up 0.5%.

Savic said that this could have been expected given changes to income taxation, which were reflected in salaries for December 2014 and January 2015.

(EUR 1 = HRK 7.6)

(Hina) vm

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