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Slovenia Business Week no. 16: Wages Down in February, Up 4.8% Y/Y

The average gross wage in Slovenia dropped 3% in February, to EUR 1,212.82

The average gross wage in Slovenia dropped 3% in February, to EUR 1,212.82, but was up 4.8% over the year before, the National Statistics Office said on Monday, 16 April.

Figures suggest that the average net wage was 2.8% lower on a monthly comparison, at EUR 792.97. In real terms, however, the drop was lower - 2.8% on a monthly comparison for gross wages and 2.6% for net wages - as Slovenia posted deflation in February, the Statistics Office said.

According to the office, the drop in wages can be attributed to a shorter working month in February - 8.5 hours were worked less on average compared to January - and fewer bonuses.

The average gross wage in Slovenia for the first two months of the year stood at EUR 1,231.57, which is 5.6% more than in the same period last year.

Source: Slovenian Press Agency STA

Author: STA, Slovenian National Press Agency