News

30.12.2016
Average earnings (wages) November 2016

The average earnings (gross) in Montenegro in November 2016 are 756 Euro, while the average earnings without taxes and contributions (net) are 503 Euro. In comparison with October 2016, the average earnings without taxes and contributions (net) in November 2016 increased 0.2%. The average earnings without taxes and contributions (net) in November 2016 compared to November 2015 increased 4.4%, while they also increased 4.8% compared to the average monthly earnings without taxes and contributions (net) in 2015. Having in mind that consumer prices in November 2016 comparing to October 2016 stayed on same level, the results that real earnings without taxes and contributions (net) in the same period increased 0.2%.
 

At the sector level the average earnings without taxes and contributions (net) in November 2016 compared to Octoberr 2016 increased in the following sectors: Other service activities (2.9%), Real estate activities (2.7%), Manufacturing (1.9%), Profesional, scientific and tehnical activities (1.8%), Transportation and storage (1.7%), Information and comunications (1.5%), Education (1.4%), Water supply, sewerage, waste management and remedation activities (1.1%), Arts, entertainment and recreation (0.8%), Administrative and support service activities (0.3%), while there was a decrease in the following sectors: Agriculture, forestry and fishing (4.2%), Accommodation and food service activities (3.6%), Financial and insurance activities (2.0%), Mining and quarrying (1.8%), Wholesale and retail trade (1.4%), Electricy, gas, steam and air conditioning supply (1.1%), Human health and social work act. (0.4%) and Public administration and defence, compulsory social security (0.2%). 

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