News

20.11.2014
Average earnings (wages) October 2014

The average earnings (gross) in Montenegro in October 2014 are 724 Euro, while the average earnings without taxes and contributions (net) are 478 Euro. In comparison with September 2014, the average earnings without taxes and contributions (net) in October 2014 increased 0.4%. The average earnings without taxes and contributions (net) in October 2014 compared to October 2013 increased 0.6%, while they decreased 0.2% compared to the average monthly earnings without taxes and contributions (net) in 2013. Having in mind that consumer prices in October 2014 comparing to September 2014 increased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period increased 0.3%.

At the sector level the average earnings without taxes and contributions (net) in October 2014 compared to September 2014 increased in the following sectors: Construction (4.8%), Profesional, scientific and tehnical activities (4.1%), Transportation and storage (3.4%), Electricy, gas, steam and air conditioning supply (2.5%), Agriculture, forestry and fishing (1.4%), Arts, entertainment and recreation (1.3%), Accommodation and food service activities (0.8%), while there was a decrease in the following sectors: Other service activities (15.0%), Administrative and support service activities (6.3%), Water supply, sewerage, waste management and remedation activities (4.2%), Real estate activities (2.8%), Mining and quarring (1.9%), Wholesale and retail trade, repair of motor vehicles and motor recycles (1.7%), Information and communication (1.5%), Financial and insurance activities (1.0%), Manufacturing (0.7%) and Education (0.4%).
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