News

30.09.2016
Average earnings (wages) August 2016

The average earnings (gross) in Montenegro in August 2016 are 755 Euro, while the average earnings without taxes and contributions (net) are 502 Euro. In comparison with July 2016, the average earnings without taxes and contributions (net) in August 2016 increased 0.2%. The average earnings without taxes and contributions (net) in August 2016 compared to August 2015 increased 5.2%, while they also increased 4.6% compared to the average monthly earnings without taxes and contributions (net) in 2015. Having in mind that consumer prices in August 2016 comparing to July 2016 increased 0.1%, the results that real earnings without taxes and contributions (net) in the same period increased 0.1%.
 

At the sector level the average earnings without taxes and contributions (net) in August 2016 compared to July 2016 increased in the following sectors: Agriculture, forestry and fishing (12.5%), Accommodation and food service activities (6.6%), Real estate activities (6.4%), Arts, entertainment and recreation (3.6%), Administrative and support service activities (1.6%), Water supply, sewerage, waste management and remedation activities (1.5%), Manufacturing (1.4%), Construction (0.9%), Wholesale and retail sale (0.9%), Education (0.8%), Public administration and defence, compulsory social security (0.7%), while there was a decrease in the following sectors: Transportation and storage (5.6%), Profesional, scientific and tehnical activities (5.3%), Information and comunications (2.4%), Financial and insurance activities (1.7%), Electricy, gas, steam and air conditioning supply (1.4%), Mining and quarrying (0.5%), Other service activities (0.5%), and Human health and social work activities (0.4%). 

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