News

30.03.2017
Average earnings (wages) February 2017

The average earnings (gross) in Montenegro in February 2017 are 767 Euro, while the average earnings without taxes and contributions (net) are 511 Euro. The average earnings without taxes and contributions (net) in February 2017 stayed on same level as in January 2017. The average earnings without taxes and contributions (net) in February 2017 compared to February 2016 increased 4.1%, while they also increased 2.4% compared to the average monthly earnings without taxes and contributions (net) in 2016. Having in mind that consumer prices in February 2017 comparing to January 2017 increased 0.1%, the results is that real earnings without taxes and contributions (net) in the same period decreased 0.1%.
 

At the sector level the average earnings without taxes and contributions (net) in February 2017 compared to January 2017 increased in the following sectors: Accommodation and food service activities (6.5%), Arts, entertainment and recreation (2.4%), Financial and insurance activities (2.2%), Profesional, scientific and tehnical activities (2.0%), Administrative and support service activities (1.9%), Education (1.7%), Electrity, gas, steam and air conditioning supply (1.6%), Agriculture, forestry and fishing (1.5%), Information and communication (1.3%), Manufacturing (0.5%), Transportation and storage (0.4%), Public administration and defence, compulsory social security (0.3%), while there was a decrease in the following sectors: Real estate activities (5.2%), Wholesale and retail trade (3.9%), Water supply, sewerage, waste management and remedation activities (3.0%), Mining and quarrying (2.9%), Other service activities (2.8%), Construction (0.7%) and Human health and social work activities (0.4%). 

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